Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
Original article: https://mises.org/mises-wire/mistaken-identity-prediction-markets

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Mainstream finance regularly confuses finance, insurance and betting. The Austrian School provides the tools to understand their differences.
Original article: https://mises.org/mises-wire/mistaken-identity-prediction-markets
You’ve heard the song a million times, and you can sing along with the crowd when it comes on. But come trivia, would you be able to name the artist and song title? Today, Rob is going to drill every jock jam into your head, leading up to the iconic opening eight bars of “Seven Nation Army” by the White Stripes. He breaks down the unusual nature of Meg and Jack White’s relationship and the perfect minimalism of Meg White’s drum style paired with Jack White’s unpredictable maximalist guitar. He tries to make sense of how, of all their songs, “Seven Nation Army” has reached the pinnacle of fame. Later, he is joined by author Chuck Klosterman, who shares his experience interviewing the White Stripes, discusses the small list of songs that are more iconic than their creators, and ruminates on whether Jack White could ever form a two-person band again.
Host: Rob Harvilla
Producers: Justin Sayles and Olivia Crerie
Additional Production Support: Kevin Pooler and Chris Sutton
Guest: Chuck Klosterman
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Murray Rothbard’s system was built upon the natural rights of individuals, and tying liberty to property and ownership, not collectivism.
Original article: https://mises.org/mises-wire/individualism-rothbards-natural-rights-libertarianism
Today we discuss democrats flipping the Florida house seat that includes Mar-a-Lago and the importance of attractiveness and normalcy to political candidacy, as well as the uncertainty surrounding Trump's 15 point plan to end the Iran war and the inconsistent communication with the American public, and a new lawsuit against UCLA. Plus, John and our producer Noam recommend the new film Project Hail Mary.
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Beyond the initial oil shock, the Iran war is also laying the foundation for ongoing monetary inflation and price inflation, with no real change to the US regime’s commitment to easy money.
Original article: https://mises.org/mises-wire/iran-war-brings-more-inflation-and-new-strength-yuan
By Robert Duncan
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Today we conduct a brief review of the things that make us feel like we're taking crazy pills: The reactions to Trump deploying ICE to help assist with TSA logjams, Stanley McChrystal's interview on Iran, Mike Mullen's farcical recounting of the Bin Laden raid, the upcoming hagiographical Michael Jackson biopic, Claudine Gay's new teaching career, and Tucker Carlson's praise of Islamic culture and Sharia law.
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