Mises Wire

The "True Money Supply" Metric: Recent Trends

BlogAugust 31, 2015

The "true money supply" developed by Rothbard and Salerno points toward declining growth rates in money since 2011.

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Money Supply and the Velocity of Money

BlogAugust 28, 2015

The Mainstream View of Money Velocity

According to popular thinking the idea of velocity is straightforward.  It is held that over any interval of time, such as a year, a given amount of money can be used again and again to finance people's purchases of goods and...

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Stock Market Corrections are Deflationary, but There is No Inflation?

BlogAugust 28, 2015

Stock market corrections are by definition deflationary events. The ...

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Electronic Music and the Market Test

BlogAugust 27, 2015

An interesting theme in a 2014 documentary on electronic music (recently added to Netflix instant place), I Dream of Wires, is the tension between two different philosophies of developing electronic music technology. At the one end of the spectrum were the purist avant-garde musicians...

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Why the Recurring Economic Crises?

BlogAugust 27, 2015

A selection from Chapter 42 of Economic Controversies.

Why, then, does the business cycle recur? Why does the next boom-and-bust cycle always begin? To answer that, we have to understand the motivations of the banks...

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Prepper Checklist

We Are All Preppers Now

BlogAugust 25, 2015

Damian McBride is the former head of communications at the British treasury and former special adviser to Gordon Brown, erstwhile Prime Minister of the U.K. Yesterday he...

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Science

Science and the Market Test

BlogAugust 25, 2015

There's no Platonic laboratory where "pure" science happens independent of human ideas, motivations, and institutions.

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Ten Most-Read Mises Daily Articles for July

BlogAugust 24, 2015

I know, it's nearly September, but I forgot to post July's Top Ten Mises Daily articles, so here they are.

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Rothbard: Nine Myths About the Crash

BlogAugust 24, 2015

Following the Crash in 1987, many myths circulated about the nature, causes, and remedies for the crash at the time. Rothbard's debunking of many of these myths is still informative today.

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