Banking systems around the world have huge effects on our lives, yet few people understand how banks work. Worse yet, even fewer understand the malign powers of central banks and how this system undermines economies. Thus, it is important to demystify these systems.

Narrated by Millian Quinteros.

Audio Mises Wire

Understanding the Basics of Modern Banking | J.R. MacLeod

Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society and is morally unacceptable, but in reality, it is necessary for division of labor, which enables social cooperation.

Narrated by Millian Quinteros.

Wealth and Income Inequality Are Essential for Social Cooperation | Michael Njoku

With the demise of the Biden administration, it is time to take a hard look at the DEI programs it imposed. While divisive, simple removal will not solve underlying problems.

Narrated by Millian Quinteros.

Post-Election Prospects for Ending DEI | Wanjiru Njoya

As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect competition—gives the digital economy uncreative destruction.

Narrated by Millian Quinteros.

Destroying Creative Destruction: The DMA against Innovation | Siamek Ettefagh

Modern academic economics is based upon the methodologies used to study the natural sciences. However, such methodologies are inappropriate to study economics, which must be based upon causal-realism.

Narrated by Millian Quinteros.

The Relevance of the Natural Sciences Methods in Economics

Economist Bryan Caplan has held up the United Arab Emirates as an example of how open borders can be successful. Caplan clearly does not understand how immigration works in the UAE.

Narrated by Millian Quinteros.

Caplan’s Errors on the UAE and Open Borders | Artis Shepherd

Critics of free markets claim that the 1980s and 90s were near-pure laissez-faire when, in reality, the regulatory state only got stronger.

Narrated by Millian Quinteros.

“NAFTA Fever” and the Myth of Government-Created Free Markets | David Brady, Jr.

The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.

Narrated by Millian Quinteros.

Thanksgiving Day | William Leggett

In Misesian thinking, only negative outcomes can ever result from dependence on government transfers.

Narrated by Millian Quinteros.

The American Addiction to Transfer Payments | Jane L. Johnson

On this episode of Radio Rothbard, Ryan McMaken and Tho Bishop are joined by Zachary Yost to discuss a new book, *The Source of Russian Aggression* by Sumantra Maitra. The three talk about the theory of international realism, its application to the military actions of the Russian state in Ukraine and Georgia, and what it means for better understanding foreign policy broadly.

*The Sources of Russian Aggression: Is Russia a Realist Power?* by Sumantra Maitra (PDF): https://Mises.org/MaitraBook

"Review: The Sources of Russian Aggression" by Ryan McMaken: https://Mises.org/mises-wire/review-sources-russian-aggression

Donate $25 or more today and receive our December Bundle Special: https://Mises.org/RadioRothbard24

*The World at War* by Ralph Raico: https://Mises.org/RaicoWar

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Radio Rothbard

Is Russia a “Realist” Power?

Keith Smith, MD is an anesthesiologist and founder of the cash-price Surgery Center of Oklahoma. In the wake of the shooting of UnitedHealth CEO Brian Thompson, Keith explains why US health care is so expensive and how to fix it.

The Surgery Center of Oklahoma https://Mises.org/HAP479a
The Story of the $100 Hospital Aspirin: https://Mises.org/HAP479b
Primal Prescription: Surviving the 'Sick Care' Sinkhole: https://Mises.org/HAP479c

The Human Action Podcast

Dr. Keith Smith: What Critics Miss About For-Profit Healthcare

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.

Understanding the Basics of Modern Banking | J.R. MacLeod

Mises Institute

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