• The Decline of the Old Right
    by Murray N. Rothbard on January 24, 2022

    After the death of Taft and as the Eisenhower foreign policy began to take on the frozen Dullesian lineaments of permanent mass armament and the threat of "massive nuclear retaliation" throughout the globe, I began to notice isolationist sentiment […]

  • Review: Understanding Money Mechanics
    by David Gordon on January 24, 2022

    Understanding Money Mechanicsby Robert P. MurphyMises Institute, 2021, 210 pp. Robert Murphy aims to provide the “intelligent layperson a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a […]

  • How We Will Win
    by Jeff Deist on January 24, 2022

    We will win. But how long will it take, and at what price victory? Original Article: "How We Will Win" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

  • True Competition versus the Monopolist "Minimal State"
    by David Gordon on January 24, 2022

    Suppose some people don't like the services furnished by a "minimal state." Don't these people have the right to establish their own services to compete with the minimal state? Original Article: "True Competition versus the Monopolist 'Minimal […]

  • The Marxist Myth of the "Treadmill of Production"
    by Baker Elkins on January 24, 2022

    In recent years, Marxist theories of environmentalism have plagued online discourse and seeped their way into the public policy realm. Politicians then utilize these theories when formulating new legislation. While sometimes intimidating, these […]

  • Energy Still Cheap Relative to Consumer Discretionary
    by Taps Coogan on January 24, 2022

    Mean reversion? The post Energy Still Cheap Relative to Consumer Discretionary appeared first on The Sounding Line.

  • Manufacturing PMI Issues Market Warning
    by Taps Coogan on January 23, 2022

    A return to normal might not be so fun The post Manufacturing PMI Issues Market Warning appeared first on The Sounding Line.

  • The Federal Reserve Keeps Buying Mortgages
    by Alex J. Pollock on January 22, 2022

    The Federal Reserve now owns $2.6 trillion in mortgages. That means about 24 percent of all outstanding residential mortgages in this whole big country reside in the central bank. Original Article: "The Federal Reserve Keeps Buying Mortgages" This […]

  • It's Time to Break Up New York State
    by Nicolas Gregoris on January 22, 2022

    Neil Sedaka said it best—“breaking up is hard to do.” Ask any sixteen-year-old and they’ll tell you that’s certainly true, but Representative Marjorie Taylor Greene (R-GA) recently made headlines when she […]

  • The Task Confronting Libertarians
    by Henry Hazlitt on January 22, 2022

    From time to time over the last 30 years, after I have talked or written about some new restriction on human liberty in the economic field, some new attack on private enterprise, I have been asked in person or received a letter asking, "What can I […]


Is economics a philosophy, science, propaganda or religion? If it’s a philosophy then how can it ever be proved or disproved? If it’s a science, then why has Austrian economics been ignored for over 100 years? But if it’s propaganda then the State will continue to use it to control the masses, while if it’s a religion, then what hope does the world have?

A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society.

 – Ludwig Von Mises