Mises Wire

Banks use Other People’s Money — So What?

Money and BanksMoney and Banking

Blog24 min ago

Since we don't know the future, all investment is a type of speculation, and this doesn't mean banks are behaving nefariously when investing other people's money.

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Government Spending Isn't Always Inflationary

Money and BanksMoney and Banking

Blog5 hours ago

While government spending re-allocates and distorts resources, it is not necessarily inflationary. Inflation really just stems from money creation and fractional-reserve lending carryied out by central banks and private banks — thus creating money "out of thin air."

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New Study Confirms that the "Gender Pay Gap" Results from Women Making Different Choices

02/22/2019Power & Market

Just because two people have the same job title, that doesn't mean they do the same thing.

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18. Warren Mosler Defends the Essential Insights of Modern Monetary Theory (MMT)

BiographiesFree MarketsHealthOther Schools of Thought

02/22/2019Audio/Video
Bob and Warren Mosler discuss the assumptions behind Modern Monetary Theory and its implications for economic policy.
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Central Banks Get Scared: Forget About Promises to Reduce Balance Sheets

02/22/2019Power & Market

Facing an unimpressive economy, the Fed is already backing off its supposed plans to rise interest rates and scale back its balance sheet.

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The Benefits of Brexit

Blog02/22/2019

The UK has plenty of opportunities to thrive outside of the EU’s jurisdiction.

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65. James Heathers: Why Science Needs Data Thugs

Health

02/22/2019Audio/Video
James Heathers and his fellow data vigilantes captured the limelight after exposing problems in the work of a world-famous nutrition researcher, which led to the retraction of five papers.
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