When the Bourbon dynasty was restored to power in France in the early 1800s after Napoleon’s abdication, the French statesman Charles-Maurice de Talleyrand famously said of that family: "They had learned nothing and forgotten nothing." In modern economic parlance, one can say the same thing about

Americans are looking at a grim energy future, thanks to government. Original Article: "The Biden Administration's Ignorant Energy Policies: Higher Gas Prices Are Only the Beginning" This Audio Mises Wire is generously sponsored by Christopher Condon. 

California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective. Original Article: "California Scheming: The Progressive Leadership's New Plan to Impose High-Cost, Low-Quality Medical Care" This Audio Mises Wire is generously sponsored

(The following text is a revised update of an article that was first published in 2005.) The recent outbreak of price inflation with the jump to an annual rate of 8.6 percent in May 2022 came as a surprise to the US central bank (the Federal

Year-over-year PPI growth came in at over 10 percent for the sixth month in a row. This will put more pressure on the Fed to "do something."  Original Article: "Wholesale Prices Rise More than 10 Percent, Pointing to Continued Price Hikes" This Audio Mises Wire is generously sponsored by

Here is an often-used tactic employed to defend government police organizations from criticism. Whenever critics point out police incompetence of abuse, defenders counter with: "The next time you need help, call a crack head!" This same phrase was used by Louisiana Senator John Kennedy when singing

An article in the Washington Post revealed that a Google engineer who had worked with Google’s Responsible AI organization believes that Google’s LaMDA (Language Model for Dialogue Applications), an artificially intelligent chatbot generator, is “sentient.” In a Medium blog post, Blake Lemoine claims that LaMDA is

Progressives believe that economies should be run by high-IQ "experts." But successful market economies require entrepreneurs with an idea and the willingness to face uncertain economic conditions. Original Article: "Market Success Is about Giving People What They Want" This Audio Mises Wire is generously sponsored by Christopher Condon. 

The United States consumption figure seems robust. An 0.9 percent rise in personal spending in April looks good on paper, especially considering the challenges that the economy faces. This apparently strong figure is supporting an average consensus estimate for the second-quarter gross domestic product (GDP) of

Ryan McMaken and Zachary Yost examine some reasons why early Americans hated the idea of a professional standing army, and some of the tactics used to decentralize military power in the US and Switzerland. Recommended Reading "Why We Can't Ignore the Militia Clause of the Second Amendment" by