When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.
Original article: https://mises.org/mises-wire/recipes-rothbard-what-chocolate-cake-can-teach-about-economics

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When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better teach us Austrian economics.
Original article: https://mises.org/mises-wire/recipes-rothbard-what-chocolate-cake-can-teach-about-economics
President Donald Trump announced a trade truce with Chinese President Xi Jinping after a 90-minute meeting in Busan, South Korea, on Thursday. But what actually came out of the truce seems… less than meets the eye. According to Axios, Trump reduced tariffs against China in exchange for promises from the Chinese president to buy American soybeans and oil. However, the deal appears to be largely temporary, with few actual binding details that would make it any different from those made during Trump’s first term in office or even earlier this year. So for more details on the trade truce and Trump’s Asia trip, I spoke to Evan Madeiros. He’s the Penner Family Chair in Asia studies at Georgetown University with a focus on East Asia and US-China relations.
And in headlines, Immigration and Customs Enforcement refuses to cease operations during Halloween festivities in Chicago, the Trump administration restricts the amount of refugees it will allow into the US every year, and Trump administration officials held a classified briefing on the president’s escalating boat-strike campaign – but only invited Republicans.
Show Notes:
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One legacy of the internet is the millions of subcultures that it helps flourish. Another is pornography—and lots of it. At a “gooner meet-up,” the two collide.
Guest: David Kolitz, author of “The Goon Squad” for Harper’s Magazine.
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Podcast production by Evan Campbell, and Patrick Fort.
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Murray Rothbard’s view of the origins of World War II has an important lesson for us today.
Original article: https://mises.org/mises-wire/murray-rothbard-and-world-war-ii-origins
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Henry Hazlett wrote in Economics in One Lesson that each generation has to relearn economic fallacies that government employs when implementing bad policies. New Yorkers are about to learn a lot of new lessons.
Original article: https://mises.org/mises-wire/all-means-elect-mamdani-and-watch-his-socialist-laboratory-work
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A Virginia judge allowed the state’s Democrats to pursue a redistricting plan on Wednesday that would permit them to amend the state’s constitution and redraw its congressional districts before next year’s midterm elections – despite a lawsuit from Virginia Republicans. Those Democrats are following a national trend, kicked off by President Trump. Back in August, Trump called on Texas to redraw its congressional maps ahead of the 2026 midterms in order to minimize Republican losses in the House. And after Texas redrew its maps, California Democratic Governor Gavin Newsom responded by putting forward a plan to redistrict his state through a ballot measure, Proposition 50, that would redraw California’s congressional districts and push five Republicans out of their seats. Californians will be voting on the proposition on Election Day next week. To explain the fight and how the 2026 Midterms became a battle royale, I spoke with John Bisognano. He’s the President of the National Democratic Redistricting Committee.
And in headlines, Congress continues to prove pointless as funding for Supplemental Nutrition Assistance Program benefits are set to expire for millions of Americans, the Federal Reserve cuts interest rates again, and immigration officials deport a man living in Alabama to Laos despite literally being ordered not to.
Show Notes:
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