Notes in the Margin

Fed Governor Stephen Miran wants to cut the interest rate by 200 basis points

09/23/2025 Notes in the Margin

Miran wants to fire up the Fed money printers. He absurdly believes Fed policy is “well into restrictive territory.”

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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Latest Articles

Our Economy Has Never Needed an “Elastic” Currency

09/23/2025 Mises Wire Jonathan Newman

Mainstream economists have justified the creation of the Federal Reserve because they claim that a growing economy—especially the banking system—needs an “elastic” currency. In other words, the economy “needs” at least some inflation. Austrian economists know better.

Good News for Liberty

09/23/2025 Power & Market Ron Paul

The covid lockdowns caused many Americans to stop trusting the government’s propaganda and led to a 39 percent increase in homeschooling in the 2020-21 school year. While the number of homeschoolers...

Sound Money in Medieval Italy

09/23/2025 Mises Wire Joseph Solis-Mullen

The quest for sound money is hardly a recent phenomenon. In 13th century Italy, two different gold monetary units competed with each other in the Medieval Italian economy.

Thanks to Our Fall Campaign Donors

09/23/2025 Mises Wire Mises Institute

Thanks to all of our generous donors who participated in our 2025 Fall Campaign. Your continued support is vital and much appreciated.

The Law of Necessity

09/23/2025 Power & Market Jekaterina Liachovic

No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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