Risk, Uncertainty, Profits, and Modern Portfolio Theory

Risk, Uncertainty, Profits, and Modern Portfolio Theory

Author: Mises Institute December 15, 2025 Duration: 12:00
While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit seeking with risk management.Original article: https://mises.org/mises-wire/risk-uncertainty-profits-and-modern-portfolio-theory

Each day brings a fresh wave of headlines, often leaving us with more questions than answers about what's truly happening in the world. Audio Mises Wire steps into that space, transforming written analysis into an accessible audio format. This isn't just a news recap; it's a deep dive into current events, cultural shifts, and political debates through a specific and principled framework. The discussions are rooted in the traditions of Austrian economics and libertarian thought, providing a distinct perspective on everything from market fluctuations and policy decisions to broader philosophical questions about individual liberty and societal structure. By listening, you'll hear articulate readings of carefully selected articles that challenge conventional narratives. The podcast makes complex economic ideas understandable and connects them directly to the news of the day, examining the real-world consequences of government actions and cultural trends. It’s for anyone curious about the underlying forces shaping our society, who prefers commentary that questions mainstream assumptions. Tune in for a thoughtful, consistent examination of how timeless principles of voluntary cooperation and sound economics apply to our contemporary moment.
Author: Language: English Episodes: 1000

Audio Mises Wire
Podcast Episodes
The Government Is Making the Economy Appear Better than It Is [not-audio_url] [/not-audio_url]

Duration: 3:50
<p>By borrowing money and “creating”&nbsp;new jobs, the government is creating the illusion of a strong economy.&nbsp;This does not end well.</p> <p>Original Article:&nbsp;<a href="https://mises.org/wire/government-makin…
The Government Is Making the Economy Appear Better than It Is [not-audio_url] [/not-audio_url]

Duration: 3:50
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well. Original Article: The Government Is Making the Economy Appear Better than It Is
The Decisive Driving Force to Victory for Javier Milei [not-audio_url] [/not-audio_url]

Duration: 9:19
<p>Javier Milei has begun his presidency by taking action against much of Argentina’s vast welfare state. One hopes it is the beginning to a successful term in office.</p> <p>Original Article:&nbsp;<a href="https://mises…
The Decisive Driving Force to Victory for Javier Milei [not-audio_url] [/not-audio_url]

Duration: 9:19
Javier Milei has begun his presidency by taking action against much of Argentina’s vast welfare state. One hopes it is the beginning to a successful term in office. Original Article: The Decisive Driving Force to Victory…
Can Classical Economics Explain the Approaching Fiscal Disaster? [not-audio_url] [/not-audio_url]

Duration: 9:52
<p>There is a lack of&nbsp;buyers for&nbsp;US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’&nbsp;“trust funds”&nbsp;will go into the red in a few years. The classical econ…
Can Classical Economics Explain the Approaching Fiscal Disaster? [not-audio_url] [/not-audio_url]

Duration: 9:52
There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answer…
The December Jobs Report Is Mostly Bad News [not-audio_url] [/not-audio_url]

Duration: 10:27
The job market is still hanging on—but not nearly as well as the headline numbers and media pundits would have you believe. Original Article: The December Jobs Report Is Mostly Bad News
The Government Is Making the Economy Appear Better than It Is [not-audio_url] [/not-audio_url]

Duration: 3:49
By borrowing money and “creating” new jobs, the government is creating the illusion of a strong economy. This does not end well. Original Article: The Government Is Making the Economy Appear Better than It Is
Can Classical Economics Explain the Approaching Fiscal Disaster? [not-audio_url] [/not-audio_url]

Duration: 9:52
There is a lack of buyers for US Treasury debt. Rating agencies have recently downgraded the US debt, and entitlement benefits’ “trust funds” will go into the red in a few years. The classical economists offer few answer…