In this week's episode, Mark examines the Chocolate Crisis of 2024.  Cocoa prices have skyrocketed. The media is trying to paint this as another example of the ravages of Climate Change, but the market is making all of its typical adjustments to ensure that chocolate products continue to flow to consumers, and also making adjustments to improve the long term conditions.

Be sure to follow Minor Issues at https://Mises.org/MinorIssues.

Get your free copy of Dr. Guido Hülsmann's How Inflation Destroys Civilization at https://Mises.org/IssuesFree.

Minor Issues

The Great Chocolate Crisis

Although mainstream economists hold that Adam Smith is the father of modern economics, it was Richard Cantillon that recognized the centrality of entrepreneurship in economic development.

Narrated by Millian Quinteros.

Audio Mises Wire

Creating Wealth: The Cantillon or the Smith Way | Phil Duffy

Why have some Americans opposed this nation’s involvement in foreign wars? According to Jacob Heilbrunn of The National Interest, it is because those Americans love bloody dictators like Adolph Hitler.

Narrated by Millian Quinteros.

Opposing Military Intervention: Loving Dictators or Hating War? | David Gordon

Animal control officers are supposed to, well, control animals in a municipal area. But thanks to animal control policies, it's the stray animals that are in control of our author’s town.

Narrated by Millian Quinteros.

Thanks to Government Animal Control, Stray Animals Rule My Neighborhood

Like the Biden administration, the European Union elites are seeking to crush free speech on the Internet in the name of preventing “hate speech” and “disinformation.” Of course, the EU ruling classes won’t have to worry about being censored.

Narrated by Millian Quinteros.

How EU Law Has Made the Internet Less Free for Everyone Else | Mustafa Ekin Turan

In 1959, Ludwig von Mises gave lectures on economics in Argentina, where the economy was in steep decline. In the 1920s, Argentina was one of the world's wealthiest countries, but decades of Peronism and inflation started the country on the long road to poverty.

Narrated by Millian Quinteros.

Mises in Argentina: Lessons of the Past for Today | Octavio Bermudez

The attempt by the mainstream economics profession to create economic literacy has turned into a movement to promote economic illiteracy.

Narrated by Millian Quinteros.

Economic Education Has Become Economic Disinformation | Per Bylund

Mainstream economists believe that economic theory is valid when it “predicts” economic actions or trends. Austrian economists, however, say that the purpose of economic theory is to explain economic events.

Narrated by Millian Quinteros.

What Is the Purpose of Economic Theory? | Frank Shostak

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop discuss the media campaign around Joseph Stiglitz’s new book, The Road to Freedom, which coincides with the birthday of one of his favorite targets: F.A. Hayek. Is Stiglitz, a past champion of Hugo Chavez, someone we should trust with his vision of true freedom?

Discussed on the Show 

“Clinton Adviser, Nobel Prize Winning Economist Endorsed Venezuelan Socialism” by Tho Bishop: https://Mises.org/RR_185_A

“Sorry, Stiglitz: It’s Socialism That’s Rigged — not Capitalism” by William L. Anderson: https://Mises.org/RR_185_B

“Freedom for the Wolves” by Joseph E. Stiglitz: https://Mises.org/RR_185_C

“Neoliberal economics: The road to freedom or authoritarianism?” by Greg Rosalsky: https://Mises.org/RR_185_D

“Joseph Stiglitz and the Meaning of Freedom” by John Cassidy: https://Mises.org/RR_185_E

Claim your free copy of What Has Government Done to Our Money?: https://Mises.org/Money

Be sure to follow Radio Rothbard at https://Mises.org/RadioRothbard.

Radio Rothbard mugs are now available at the Mises Store. Get yours at https://Mises.org/RothMug

PROMO CODE: RothPod for 20% off

Radio Rothbard

Joseph Stiglitz: Stupid or Sinister?

In this week’s episode, Mark looks at the current state of the commercial real estate market, especially the problematic refinancing requirement in an environment of lower prices and a declining tenant base. Combined with a higher interest rate, this market faces difficult financing over the next three years. This is another negative manifestation of the Fed’s control over interest rates in our economy.

Be sure to follow Minor Issues at https://Mises.org/MinorIssues.

Order a free paperback copy of Murray Rothbard’s *What Has Government Done to Our Money?* at https://Mises.org/Money.

Commercial Real Estate’s Future

Stephanie Kelton is the star of a new documentary film touting the alleged brilliance of Modern Monetary Theory (MMT). Murphy gives a comprehensive critique of the film, covering the flaws in its theory, history, and policy recommendations.

Finding the Money Documentary:
https://Mises.org/HAP447a
Bob's Book on MMT, Understanding Money Mechanics: https://Mises.org/HAP447b
Radford's Paper on P.O.W. Camps: https://Mises.org/HAP447c
The Upside-Down World of MMT: https://Mises.org/HAP447d
Bob's Article on Debt and Future Generations: https://Mises.org/HAP447e

The Human Action Podcast

An Austrian Critique of the New MMT Documentary

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.

The Great Chocolate Crisis

Mises Institute

Related tracks