Who Pays the Hormuz Toll?

Who Pays the Hormuz Toll?

Author: Mises Institute April 21, 2026 Duration: 11:14
According to Rothbard’s first law of incidence, “no tax can be shifted forward.” That is, the person or company paying the tax cannot make the buyer pay the tax. Original article: https://mises.org/mises-wire/who-pays-hormuz-toll

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.
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