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During September 2019, year-over-year growth in the money supply was at 3.10 percent. That's up from August's rate of 1.85 percent, and was down from September 2018's rate of 4.38 percent.
Free MarketsU.S. HistoryEntrepreneurshipInterventionism
Money and Banks
Economic growth comes from the accumulation of real wealth — which is necessary to produce more goods and services.
PricesValue and Exchange
Market prices reveal critical information about sellers, buyers, and market demand. But government interference in markets substitutes a fake version of reality that leads to impoverishment.
Money and BanksMoney and Banking
Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators toward non-wealth generating activities.
Mises Institute Fellow Matthew McCaffrey's recent paper on self-regulation in the video game industry is now available as a case study from the Harvard Business Review.
BiographiesAustrian Economics OverviewHistory of the Austrian School of Economics