Mises Institute

Venezuelans Turn to Gold Nuggets as the Local Currency Implodes

Blog1 hour ago

In one region of Venezuela, gold flakes have become the currency of choice in the region, with prices for commodities and services quoted in grams of gold.


How Science So Often Devolves into Quick Fixes and Quackery

Blog6 hours ago

One mistake we make is to assume that the people who shout the loudest about their research must thus be right, or even know what they’re talking about.

Protectionism Is Immoral, Unjust, and Corrupt


If a businessman pulls a gun on a customer and demands 20 percent more for a product, that is robbery. If a politician intervenes to the same effect, it is fair trade.

Why the Fed's 2 Percent Inflation Standard Is So Bad


The world of the 2 percent target is something truly new and worse than what came before. It’s not the same old monetary policy but just with slightly higher inflation targets.

Three Ways Government Spending Is Ripping Us Off


Whether through taxes, debt, or inflation, government spending is about ripping off the productive taxpayers. Argentina's inflation and runaway deficits provide a cautionary tale.

Monetary Policy and the Present Trend toward Central Planning


There is need to realize that the economic policies of self-styled progressives cannot do without inflation. They cannot and never will accept a policy of sound money.

Thanks to Central Banks, the Old Investment Rules Don't Apply Anymore


Thanks to central banks' easy money policies, historically low interest rates and a desperate search for yield have created new danger zones for investors trying to stay out of trouble.

Why Business Owners Can't Just "Pass on" Tax Costs to Consumers


If business owners could increase their prices without a loss in sales, they would have already done so. Yet many conservatives mistakenly claim tax increases are just "passed on" to consumers.

"Deficit Financing" and Inflation

10/25/2021Mises Daily Articles

"The worst failures of money, the worst things done to money, were not done by criminals but by governments."



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