Mises Wire

More Evidence the American Economic "Recovery" Will Disappoint

Booms and Busts

Blog05/27/2021

Two things should concern us. First, the weakness of the recovery in the middle of the largest fiscal and monetary stimulus seen in decades, and second, the short and diminishing effect of these programs.

Read More

Mises on Nationalism, Colonialism, and the Right of Self-Determination

World History

Blog05/22/2021

Mises argues that the nation has a fundamental and relatively permanent being independent of the transient state (or states) which may govern it at any given time. Thus he refers to the nation as “an organic entity [which] can be neither increased nor reduced by changes in states.”

Read More

Monetary and Fiscal "Stimulus" Is Undermining the Global Recovery

Booms and Busts

Blog05/22/2021

Today’s calls for a plethora of new government stimulus polices to usher in a "recovery" will only cripple efforts by investors and entrepreneurs to get the global economy back on track. 

Read More

Money-Supply Growth Finally Slows in March, Drops to 10-Month Low

Money Supply

Blog05/17/2021

During March 2021, year-over-year (YOY) growth in the money supply was at 34.1 percent. That's down slightly from February's rate of 39.1 percent, and up from the March 2020 rate of 11.3 percent. 

Read More

Monetary Pumping and Idle Resources

Money and Banking

Blog05/05/2021

A loose monetary policy that is aimed at boosting use of idle resources won't work. Idle resources only become profitable and efficient when we have enough real savings. Unfortunately, easy money policies destroy real savings. 

Read More

Milton Friedman's Methodological Mistake

Other Schools of ThoughtPraxeology

Blog04/30/2021

Key methodological differences between Austrians were highlighted in Milton Friedman's "The Methodology of Positive Economics." A key piece of conflict: Friedman's focus on prediction rather than explanation.

Read More

Monetary Savings versus Real Savings

Money and Banking

Blog04/28/2021

What matters for real economics is real savings, not increases in consumer spending driven by money printing. The best way to get an increase in savings is to decrease both money pumping and government spending. 

Read More

Monetary Policy in America Is a Mess. Things Are Even Worse in Europe.

Money and Banking

Blog04/07/2021

America is plagued by mountains of debt, cheap money, and an out-of-control central bank. But the situation with the European Central Bank is even more dangerous. 

Read More
Shield icon wire