A(z) Audio Wire csatorna legjobb podcastjai (2024)

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How Intellectual Property Laws Stifle Innovation

15h ago

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Supporters of intellectual property laws claim that people will not innovate unless they are protected by such legislation. In reality, people are more likely to be innovative when they encounter real free markets, not markets characterized by artificial scarcity. Original article: How Intellectual Property Laws Stifle Innovation…

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The Political Theology That Maintains State Power

15h ago

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While it is tempting to think of state power as being maintained by sheer force, it still needs a “theological” justification, be it secular or religious. The US state is no exception. Original article: The Political Theology That Maintains State Power

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What “Capitalism” Really Means

15h ago

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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force. Original article: What “Capitalism” Really Means

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Who Sets the Prices for Goods?

15h ago

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Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

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Nine Months of Javier Milei as President of Argentina: A Critical Assessment

15h ago

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Capitalism is characterized by the private ownership of capital, coming from Lockean homesteading principles, and not from state coercion and force. Original article: Nine Months of Javier Milei as President of Argentina: A Critical Assessment

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Why Austrian Business Cycle Theory Is Better than Keynesianism

15h ago

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As the Federal Reserve engineers one financial bubble after another, we are reminded that the Austrian Business Cycle Theory explains what is happening and how there is a better way. Original article: Why Austrian Business Cycle Theory Is Better than Keynesianism

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Don’t Knock Nock

15h ago

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Contrary to anti-freedom myths, "greedy" business owners don't decide what prices will be for goods and services. Original article: Don’t Knock Nock

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The Establishment Media Is Unaware of Its Growing Irrelevance

15h ago

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The outcry from establishment media figures following the decision by the Washington Post and Los Angeles Times to not endorse a presidential candidate shows how out of touch they have become about how much we rely on them. Original article: The Establishment Media Is Unaware of Its Growing Irrelevance…

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Copernicus Was Also Right in Economics

6d ago

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Nicolaus Copernicus is best known for his observation that the sun was at the center of our solar system, but he also made a number of astute observations about economics. Original article: Copernicus Was Also Right in Economics

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Free Markets Don’t Need Government Regulation

6d ago

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So-called economic moderates claim to support free-market capitalism, but then say that markets still need “some” government oversight. Free markets, however, don't need government-based rules because markets effectively regulate themselves. Original article: Free Markets Don’t Need Government Regulation…

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The Secret Economic Theory Behind the $100,000 Birkin Bag

6d ago

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The iconic Hermès Birkin bag helps illustrate Carl Menger’s “Theory of the Good,” and Ludwig von Mises’s explanation of human action. Original article: The Secret Economic Theory Behind the $100,000 Birkin Bag

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How to Vote for Liberty

6d ago

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Voting is controversial among Austro-Libertarians for many reasons. However, if one does choose to vote, one should understand that the state is never constrained by the voters and cannot be “reformed.” Original article: How to Vote for Liberty

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It’s Good to be Skeptical of Elections

6d ago

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As with any other government-controlled institution, a high level of public skepticism about elections is healthy. Original article: It’s Good to be Skeptical of Elections

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Peace as a Prerequisite for Civilization

6d ago

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While men like Murray Rothbard and Ludwig von Mises believed in “just” war, nonetheless, they did not believe that wars lead to “just” outcomes, as war leads to destruction of civilization. The outcome of the American war of secession proved that point eloquently. Original article: Peace as a Prerequisite for Civilization…

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Today’s Pols Are All Bryanites

6d ago

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In his failed 1896 presidential campaign, inflationist William Jennings Bryan declared that he would “not crucify mankind on a cross of gold.” But at least even Bryan favored silver money. Today‘s political candidates will crucify us on a cross of paper. Original article: Today’s Pols Are All Bryanites…

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Exchange is Not a Zero-Sum Game

6d ago

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One of the oldest and most harmful economic fallacies is the belief that, at best, economic exchange is a zero-sum activity. However, free exchange in an unhampered market is always positive. Original article: Exchange is Not a Zero-Sum Game

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Why People Pay Higher Prices for Some Goods Relative to Others

13d ago

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One of the important points made by Carl Menger in his 1871 Principles is that people ordinally rank their preferences, valuing some things more than others. While this seems to be a common-sense principle, it actually has important implications for economic theory. Original article: Why People Pay Higher Prices for Some Goods Relative to Others…

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Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages

13d ago

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Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real price of food. Of course, when that happens, Harris simply will blame capitalism. Original article: Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages…

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Answering the Confused Critics of Austrian Economics

13d ago

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There are numerous critics of the Austrian School of economics, but when their disparagements are closely examined, the so-called experts themselves are wrong. Austrians can do a better job of setting the record straight. Original article: Answering the Confused Critics of Austrian Economics

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If Republicans Are Against Lawfare, They Shouldn’t Have Unleashed It

13d ago

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Had Republicans not vastly expanded federal criminal law during the infamous Wall Street prosecutions 40 years ago, lawfare would not have become such a potent political weapon. Original article: If Republicans Are Against Lawfare, They Shouldn’t Have Unleashed It

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The Birth of “Irrational Exuberance”

13d ago

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Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was John Law, France's minister of finance. Original article: The Birth of “Irrational Exuberance”

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Nagel on Libertarianism and Other Things

13d ago

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David Gordon takes another look at Thomas Nagel's Equality and Partiality. While he finds some of Nagel's arguments appealing, they still are inferior to Murray Rothbard's systematic interpretation of natural rights. Original article: Nagel on Libertarianism and Other Things

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Ten Lessons on US Foreign Policy from Enough Already

13d ago

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In this review of Scott Horton's book, Enough Already, we see that the wars the US has waged for the past quarter century in the Middle East have been a disaster. Millions of deaths and a massive refugee crisis later, the unmistakable verdict is in. Original article: Ten Lessons on US Foreign Policy from Enough Already…

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The Constitution’s Negative Effects on Free Trade

21d ago

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While the US Constitution made the US a large free trade zone, prohibiting states from erecting trade barriers against each other, it also empowered the central government to erect tariffs on goods imported from outside the country. Original article: The Constitution’s Negative Effects on Free Trade

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Keynes Was Not Much Better at Investing than He Was at Understanding Economics

21d ago

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John Maynard Keynes is the best-known economist from the 20th Century, that not being a good thing. At least he was more famous for his success in promoting his views than for his lack of success as an investor. His failures were an extension of his lack of economic understanding. Original article: Keynes Was Not Much Better at Investing than He Wa…

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Does the Central Bank Determine Interest Rates?

21d ago

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A common belief among economists is that the central bank determines what interest rates should be. But is that accurate? Indeed, there is more to the story. Original article: Does the Central Bank Determine Interest Rates?

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The Perils of Lawfare

21d ago

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One sign of a fraying society is that its laws increasingly become political tools. The latest round involves Democrats trying to use criminal law in a very questionable way to try to put Donald Trump in prison, while Trump promises to retaliate if he is elected. Original article: The Perils of Lawfare…

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How the Bankers Outfoxed the Politicians

21d ago

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When the bankers called for a central bank in the US, they claimed to only want a way to stop bank runs. It turns out that they wanted—and got—much more. The permanent regime of inflation and asset bubbles is the result. Original article: How the Bankers Outfoxed the Politicians

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No Matter the Form, Easy Money Is Still a Fraud

21d ago

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A recent fraudulent check-kiting scheme featured on TikTok bears resemblance to some of the "free money" schemes that have been coming from the Federal Reserve. Original article: No Matter the Form, Easy Money Is Still a Fraud

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The Manifestation of Economic Laws Across Societies and Epochs

21d ago

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Contra Marx, the laws of economics are immutable and are the same no matter what historical epoch exists. Economies cannot flourish unless market prices, private property rights, and profits and losses are unhampered. Original article: The Manifestation of Economic Laws Across Societies and Epochs

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Who Killed Liberalism? Remembering the Walter Lippmann-Mises Colloquium

21d ago

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With Europe moving toward conflict in 1938, a number of economists and other intellectuals met in Paris to try to revitalize liberalism. Ludwig von Mises also was there as a lonely voice defending laissez-faire and the free market economy. Original article: Who Killed Liberalism? Remembering the Walter Lippmann-Mises Colloquium…

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Whose Property Is It?

26d ago

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Legal philosopher Jeremy Waldron in his book The Rule of Law and the Measure of Property challenges the Lockean view of legitimate property ownership. David Gordon sheds light on Waldron's confusing positions. Original article: Whose Property Is It?

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Mute Buttons: Two Ways the School Complex Muzzles Parents and Students

26d ago

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Government education is a self-perpetuating monster and has been for a long time. While parents and organizations seek accountability, the dynamics driving government education point to a powerful and unaccountable bureaucracy that serves its own interests. Original article: Mute Buttons: Two Ways the School Complex Muzzles Parents and Students…

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Survey Says: Disconnects Abound in School Opinions and Knowledge

26d ago

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Original article: Survey Says: Disconnects Abound in School Opinions and Knowledge

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The Myth of the Entrepreneurial State

26d ago

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In its so-called war against “hate,” the state determines who are the villains and then instructs everyone else to hate the “haters.” As one might expect, the state then engages in a campaign of vilification and intimidation against the newly-designated enemy. Original article: The Myth of the Entrepreneurial State…

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Why Democracy Has Such Staying Power

26d ago

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Democracy, or at least the “democracy” that ensures the “right people” are elected, is the religion of American progressives. Despite its obvious failures, however, progressives claim that democracy is the Holy Grail of governance. Why people believe this is another question. Original article: Why Democracy Has Such Staying Power…

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The State’s War Against Hate

26d ago

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In its so-called war against “hate,” the state determines who are the villains and then instructs everyone else to hate the “haters.” As one might expect, the state then engages in a campaign of vilification and intimidation against the newly-designated enemy. Original article: The State’s War Against Hate…

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Freedom of Association and Cancel Culture

26d ago

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As Murray Rothbard often noted, freedom of association is a fundamental right, what he called a “subset of private property rights.” Unfortunately, our modern cancel culture has taken aim at this right, taking away the voluntary nature of human interaction. Original article: Freedom of Association and Cancel Culture…

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Ignore The New Power Demographic at Your Own Risk: Young Male Voters

26d ago

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As American culture becomes dominated by militant feminism, a new voting group of dissenters is arising: young male voters. These are young men that believe that the system is stacked against them, which is why Trump's populism appeals to them. Original article: Ignore The New Power Demographic at Your Own Risk: Young Male Voters…

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The American Empire

27d ago

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We have crossed the boundary that lies between Republic and Empire. If you ask when, the answer is that you cannot make a single stroke between day and night; the precise moment does not matter. There was no painted sign to say: “You now are entering Imperium.” Yet it was a very old road and the voice of history was saying: “Whether you know it or …

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The Menace of the State

27d ago

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The election is upon us. We wonder whether we have to have war, tariffs, and deficit spending, regardless of whom we support. What are we to do? Original article: The Menace of the State

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No Matter Who Wins, Half the Country Won’t Believe in the Election

27d ago

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The 2024 election will provide few solutions to the underlying pressures eroding American political norms. Regardless of the outcome, half the country will feel like they live under an occupational government. Original article: No Matter Who Wins, Half the Country Won’t Believe in the Election

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The Reality of Red-State Fascism

1M ago

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It is always a mistake to advocate government action, for there is no way you can fully anticipate how government will be used. Nor can you ever count on a slice of the population to be moral in its advocacy of the uses of the police power. Original article (2004): The Reality of Red-State Fascism

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Einstein Was the Greatest Physicist but Was Economically Illiterate

1M ago

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Einstein's name is synonymous with brilliance, yet his great intelligence did not translate to logical economic thinking. Instead, Einstein embraced socialism, thinking that one could guide an economy like one guides a mathematical equation. Original article: Einstein Was the Greatest Physicist but Was Economically Illiterate…

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The Presumption of Liberty

1M ago

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Progressives claim that the state grants us our rights, and that liberty can flourish only in the presence of a powerful state. The truth runs in the opposite direction. Original article: The Presumption of Liberty

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This Is a Slow-Motion Nationalization of the Economy

1M ago

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As real wages decline and middle-class savings are depleted, the government expands its influence, garnering support from a substantial portion of the populace. Original article: This Is a Slow-Motion Nationalization of the Economy

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Can America Survive Global De-Dollarization?

1M ago

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While the US dollar is the world's “reserve” currency—at least for now—the reckless spending and money creation policies of the US government place the dollar in peril. Original article: Can America Survive Global De-Dollarization?

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The Regime Wants Appalachia To Suffer

1M ago

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Would America’s federal government deliberately undermine recovery efforts to try to achieve its own desired political ends? Of course. Original article: The Regime Wants Appalachia To Suffer

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Ludwig von Mises, Hero

1M ago

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“In 1988, Murray Rothbard wrote a great monograph called Ludwig von Mises: Scholar, Creator, Hero. I'd like to concentrate today on the third of the qualities, Mises as a hero.” Original article: Ludwig von Mises, Hero

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We Lose, They Lose: A Reagan-Trump Fusion

1M ago

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In the spirit of a new Cold War, Matthew Kroenig and Dan Negrea have written a new book, We Win, They Lose: Republican Foreign Policy and the New Cold War, which tries to fuse the foreign policies of Ronald Reagan and Donald Trump. The result is a foreign policy Frankenstein. Original article: We Lose, They Lose: A Reagan-Trump Fusion…

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