Should the Fed Print More Money When “Demand for Money” Rises?
Creating money out of thin air always sets the boom-bust cycle in motion, even when there's an increase in the demand for money.
Money and Banking
Displaying 431 - 440 of 2003
The Role of Shadow Banking in the Business Cycle
The history of shadow banking development confirms Mises’s thesis that each government intervention leads to unintended consequences.
History is Clear, Central Banks Fail to Assure Economic Stability
It is unfortunate that a scholar as careful as Robert Skidelsky has chosen to downplay the historical reality of the failure of central banking.
Central Banks Haven’t Always Been Quite as Bad as They Are Now
Restrained by both ideology and public sentiment, central banks were once kept from the sort of antics they now regularly indulge in.
Conceived in Disgrace: The 350th Anniversary of the Creation of the Bank of Sweden
Today the world's oldest central bank turns 350. In a just world, this anniversary would instead be an opportunity to end this monstrous experiment.
Saving — not Spending — Is the Engine of Economic Growth
To build wealth, we must first build capital and greater productivity. And that depends on savings.
Problems With the Market Monetarist Approach to “Explaining” the Economy
Scott Sumner's Market Monetarist framework is seductively simple, but relies on a definitional trick.
Gold Should be Viewed as Money — Not as an Investment Instrument
This timeless insight was already suggested by economist Ludwig von Mises in 1940.
7 Reasons Why European Banks Are in Trouble
When interest rates increase in the future, busts and losses for banks will follow.
Monetary Fallacies and Inflationary Bubbles
The relevancy of Mises’ analysis to today’s monetary and financial situation.
