Mises Institute

As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting to view the bill that made healthcare less affordable as a total failure. But that wasn’t the true purpose of the ACA. It was always meant to prop up the faltering crony healthcare system. Read the article here: https://mises.org/mises-wire/obamacare-was-not-failure Be sure to follow the Guns and Butter podcast at https://Mises.org/GB

David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has dominated the US history profession. That is a good thing. Americans should know how FDR’s presidency led to one disaster after another. Original article: https://mises.org/mises-wire/bursting-bubble-was-fdr

Elon Musk recently claimed that artificial intelligence will make money itself obsolete. He needs to read the literature of Austrian economics. Original article: https://mises.org/mises-wire/elon-musk-claims-money-will-become-irrelevant-he-right

The US regime is gearing up for another war. Get ready for another regime-change disaster like we got in Afghanistan, Libya, and Syria. Be sure to follow the Loot and Lobby podcast at https://Mises.org/LL

This week Ryan and Zachary Yost take a look at international relations scholar John Mearsheimer’s claim that Europe faces a bleak future as the United States pivots away from NATO. Can Europe thrive without American taxpayers’ money? 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

The Mexican-War resulted in more territory for the new American empire, but the US government started it under false pretenses. A young US soldier who fought—Ulysses Grant—knew better, exposing the lies from Washington. Original article: https://mises.org/mises-wire/unjustified-conflict-grants-memoirs-mexican-american-war

The Lane Kiffin saga has dominated sports headlines this past week, highlighting the sea changes that have come over college sports—an especially college football—in the past decade. Much of this change is being driven by the easy money regime of the Federal Reserve. Original article: https://mises.org/mises-wire/lane-train-and-rest-college-football-madness-has-been-fueled-easy-money

In a special midweek episode of the Minor Issues podcast, Mark Thornton appears on Palisades Gold Radio with Stijn Schmitz. Mark argues that gold’s surge isn’t a fad: it’s a market verdict on runaway deficits, central-bank credibility, and fiat money itself. He also explains why manipulated rates breed booms, busts, and inequality, while sound money and decentralization restore real signals. The original episode (”Dr. Mark Thornton: Early Innings for Gold, Silver Manipulation, Black Swans & Failing Markets”) is available at https://www.youtube.com/watch?v=c2FUnca1q3c Be sure to follow Minor Issues at https://Mises.org/MinorIssues

New York’s mayor-elect believes he can implement socialist policies through sheer rhetoric, as though mere words can make socialism work. However, economics involves real things and reality will hit New Yorkers soon enough, and they won’t like it. Original article: https://mises.org/mises-wire/zohran-mamdanis-socialism-flunks-basic-economics

Mark Thornton dissects “contagion” hype and argues it’s not a market pathology. He shows why, in a free market, failures reallocate customers, labor, and capital to better firms rather than spread panic. Contagion appears only when government links balance sheets and distorts prices. Mark traces how credit booms set up bust,s and why even the Fed now sits upside-down, while homeowners are “rate-locked” and supply is frozen. The takeaway: politicians and central bankers invoke contagion to demand more power and money—yet their interventions cause the very fragility they decry. See also “Fight Inflation Now” (Minor Issues, episode 72): Mises.org/MI_72 Be sure to follow Minor Issues at https://Mises.org/MinorIssues