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Patrick Barron

Tags The FedMoney and BanksBusiness CyclesMonetary TheoryMoney and Banking

Works Published inMises Daily Article

Patrick Barron is a private consultant to the banking industry. He has taught an introductory course in Austrian economics for several years at the University of Iowa. He has also taught at the Graduate School of Banking at the University of Wisconsin for over twenty-five years, and has delivered many presentations at the European Parliament.

All Works

The Problem Isn’t Fed Policy — It’s the Fed

The Fed


No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.

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Private Restrooms Are Private Property

Private Property


Somebody paid for all those bathrooms inside businesses. The people who own them should decide who uses them.

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Where Negative Interest Rates Will Lead Us

The FedGlobal EconomyMoney and BanksMoney and Banking

02/25/2016Mises Wire
Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.
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In a Post-Boom World, Auto Prices Will Fall

Booms and BustsPricesValue and Exchange

01/19/2016Mises Wire
Thanks to easy credit, automobiles have become very complex and luxurious, and brimming with safety features. The cost of producing these cars, however, won't keep prices from falling once the bubble bursts.
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Letter to the Philadelphia Inquirer


Patrick Barron, an associated scholar with the Mises Institute, passes along a letter he wrote to the Philadelphia Inquirer in response to their article, "Fed to help teachers learn finance...

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