Mises Daily Articles

Displaying 1 - 10 of 306

Deflation Is Not a Problem: Reversing It Is

Central BanksInflationKeynesU.S. Economy

12/09/2022Mises Media
Keynesian economists claim that deflation is as bad or worse than inflation. But deflation not only reverses inflation's bad effects but also allows new wealth creation.
Read More

Do "Technology Shocks" Create the Boom-Bust Cycles?

Booms and BustsCentral BanksMoney and Banks

11/15/2022Mises Media
The 2004 Nobel Prize in economics was awarded to two economists for their claim that "technology shocks" cause boom-bust cycles. They have it wrong.
Read More

Does Bank Lending by Itself Set Off Boom and Bust Cycles?

Central BanksInflationMoney and Banks

10/14/2022Mises Media
What happens when banks lend money? It depends on the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.
Read More

Despite Their Hubris, Monetary Authorities Do Not Have Total Control

The FedInflationMonetary Policy

09/29/2022Mises Media
While officials in the White House, Treasury, and the Fed give the appearance of being in control, but in truth, they cannot undo the damage they have done.
Read More

Do People Accept Money Because Government Endorses It?

Central BanksInflationMonetary Policy

09/29/2022Mises Media
Why does money have value? Typical economists claim that money is valuable because the government declares it so. But that is impossible, given the true origins of money, which are best explained by Austrian economists.
Read More

Does Capitalism Itself Create Economic Instability or Is Central Banking the Culprit?

Booms and BustsCapitalismKeynes

09/25/2022Mises Media
Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem.
Read More

Democracy and Liberty

Free MarketsOther Schools of Thought

09/24/2022Mises Daily Articles
It is generally accepted that a government can enslave the citizens—unless it is a democratic government. Mistake!
Read More

Déjà Vu: Argentines Once Again are Voting for More Inflation While Remaining in Denial

Big GovernmentCronyism and CorporatismInflation

09/17/2022Mises Media
Argentina is synonymous with hyperinflation, but apparently its voters have not had enough.
Read More

Defining and Defending Freedom

Libertarianism

09/08/2022Mises Media
Original Article: " Defining and Defending Freedom" This Audio Mises Wire is generously sponsored by Christopher Condon.
Read More

Do We Want Real Tax Cuts? How About Cutting Government Spending?

InflationKeynesU.S. Economy

09/01/2022Mises Media
Keynesians claim that tax cuts are good because they help increase consumer spending. But here's why this doesn't matter.
Read More