
Mises Institute
The Mises Institute, founded in 1982, is an educational institution devoted to advancing Austrian economics, freedom, and peace in the classical-liberal tradition. Our website offers many thousands of free books and thousands of hours of audio and video, along with the full run of rare journals, biographies, and bibliographies of great economists.
Latest episodes

Mar 24, 2025 • 4min
The Far-Left’s Violent Attacks on Tesla are Revealing
The leftists destroying and defacing Teslas to protest Elon Musk’s foray into American politics provide the latest example of the American far-left being easily co-opted into playing directly into the hands of the political establishment.
Read the article here: https://mises.org/mises-wire/far-lefts-violent-attacks-tesla-are-revealing
The Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at https://mises.org/gabfreebook
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Mar 20, 2025 • 10min
Are Economic Crises and Crashes Inevitable?
Economic crises don’t just happen—they follow a predictable pattern of boom, bubble, and bust. In this episode, Mark Thornton exposes the true cause of economic crashes: government intervention in money and banking. From the Dutch Tulip Bubble to the Great Depression and beyond, Mark traces how central banks, inflationary policies, and reckless government spending set the stage for financial collapses. Mainstream economists blame "animal spirits," psychological instability, or capitalism itself, but what if the real culprits are the very institutions claiming to prevent crises? Tune in to uncover the truth behind booms, busts, and the destructive cycle of intervention.
Additional Resources
Playing with Fire: Money, Banking, and the Federal Reserve: https://Mises.org/Fire
Early Speculative Bubbles and Increases in the Supply of Money by Doug French: https://Mises.org/Bubbles
The Skyscraper Curse: And How Austrian Economists Predicted Every Major Economic Crisis of the Last Century by Mark Thornton: https://Mises.org/Curse
Be sure to follow Minor Issues at https://Mises.org/MinorIssues

Mar 18, 2025 • 6min
Trump Adopts the Democrats’ Terrible Yemen Policy
While the Trump administration claims it is breaking with the policies of Joe Biden, it is continuing US attacks on the Houthis of Yemen supported by the previous president.
Read the article here: https://mises.org/mises-wire/trump-adopts-democrats-terrible-yemen-policy
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

Mar 18, 2025 • 46min
The Rise of the State and the End of Private Money
Our current paper fiat money system comes from a long process of building up state power that destroyed private money, ended truly private banking, and abolished the market system of competing currencies. It took 300 years, and we are now facing the inflationary results.
Register for our "Revisionist History of War Conference" now at https://mises.org/RHW
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off

Mar 14, 2025 • 47min
Why Price Deflation Doesn't Hinder Investment
One of the common worries about a hard money like gold or Bitcoin is that large price deflation could make lending and investment impossible because nominal interest rates can't go below 0%. Bob explains why these fears are invalid.
The Charts Used in This Episode Can Be Viewed Here: https://Mises.org/HAP491a

Mar 13, 2025 • 34min
The Precarious State of the American Economy
The economy is teetering on the edge, and the Federal Reserve’s reckless policies have only made things worse. In this episode, Mark Thornton joins Scott Horton to break down the boom-bust cycle, why inflation isn’t going away anytime soon, and how the Fed’s interventions set us up for even bigger economic disasters. Are we headed for a deep recession, or is something even worse on the horizon? Mark explains the hard truths about interest rates, government debt, and why the next crisis may be the biggest yet.
Catch the Scott Horton Show at https://ScottHorton.org
Be sure to follow Minor Issues at Mises.org/MinorIssues

Mar 12, 2025 • 48min
Gold, Money, and the Nation-State
Ryan McMaken and economist Jonathan Newman look at the government's alleged $750 billion gold reserve, how it got there, and why it's time to privatize the gold.
Register for our "Revisionist History of War Conference" now at https://mises.org/RHW
Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard
Radio Rothbard mugs are available at the Mises Store. Get yours at https://Mises.org/RothMug
PROMO CODE: RothPod for 20% off

Mar 11, 2025 • 1h 35min
Lincoln's Tariff War
The Civil War is often framed as a moral struggle over slavery, but what if economic control was the real driving force? In this lecture, historian Thomas DiLorenzo challenges the mainstream narrative, arguing that Lincoln’s true priority was preserving federal tariff revenues rather than ending slavery. By tracing how tariffs fueled sectional tensions, DiLorenzo exposes how Northern industrialists benefited from protectionism at the South’s expense—and how Lincoln’s war ensured the federal government’s economic dominance. Was the war really about union and emancipation, or was it a fight to maintain Washington’s grip on the economy?
Lecture 1 of 10 from the Steven Berger Seminar: Thomas DiLorenzo on Liberty and American Civilization.

Mar 10, 2025 • 27min
The Dangers of Tax Reform
Politicians love to promise "fairer" and "simpler" tax reform, but the reality is that every tax system is built on force and distortion. In this talk, Lew Rockwell dismantles the myth that taxation can ever be neutral, efficient, or morally justified. Whether it’s a flat tax, consumption tax, or a restructured income tax, every scheme still funnels trillions into the hands of bureaucrats while crushing productivity and personal freedom. Instead of searching for a "better" way to take your money, Rockwell asks the real question: Why should the government take it at all?
Recorded on 15 January 2005 at The Trouble with Taxation Conference, Charlottesville, Virginia.

Mar 10, 2025 • 5min
Who Gets the Blame for the Upcoming Recession?
President Trump has indicated that a recession could be coming and the pundits are playing the blame game. Don‘t look to anyone in Washington for a coherent explanation for the downturn, however. Look to the Austrians instead.
Read the article here: https://mises.org/mises-wire/who-gets-blame-upcoming-recession
Be sure to follow the Guns and Butter podcast at https://Mises.org/GB