Should We Be Concerned About the Fall in Money Velocity?
A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.
A fall in the US velocity of money M2 to 1.44 in June from 1.51 in June last year and 2.2 in May 1997 has alarmed many experts.
45 years ago today, on August 15, 1971, President Richard Nixon officially closed the gold window.
In today's slow growth economy, business decision makers are understandably cautious because historically monetary tightening has been a fatal blow.
The major threat to any economy is not deflation, but the policies used to count it.
The Bank of England announced historic new lows for interest rates, and a new round of QE.
Robert Murphy's Choice: Cooperation, Enterprise, and Human Action can serve as a companion to reading Mises's rather imposing Human Action.
Mises University is wrapping up its 30th year here at the Mises Institute campus.
David Howden explains the basics of the European Union and the economic crises it has caused.