Mises Wire

The Corporate Debt Market: Is It Teetering on the Edge?

Peshut concludes that claims that the corporate debt bubble is about to pop are premature and the more likely scenario is that the bubble bursts in 2021 or 2022. 

12/07/2018Power & Market
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The Money Supply Is Never Too Small

Money and BanksMoney and Banking

Blog11/21/2018

The idea that money must grow in order to sustain economic growth gives the impression that money somehow sustains economic activity. But this has never been true.

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The Problem with Prescriptive "Rationality" in Economics

Calculation and KnowledgeOther Schools of Thought

Blog10/18/2018

Behavioral economics claims it has shown that people behave irrationally — often make mistakes, and have problems with self-control. But is this really irrational behavior?

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The Market Isn't a Schoolmarm: The Austrian School versus Chicago

Other Schools of ThoughtValue and Exchange

Blog10/12/2018

Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.

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The Phillips Curve Myth

Blog10/09/2018

The Phillips curve cannot be a basis for a sound theory of what sets in motion price inflation.

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The Damage Done by the Kavanaugh Hearings

Blog10/06/2018

No one is discussing Kavanaugh's awful record on the Bill of Rights. Meanwhile, the media is sending a terrible message to women.

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The Great Cryptocurrency Crash of 2018

09/12/2018Power & Market
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The Incentives of the Minimum Wage

Labor and WagesLegal System

Blog07/28/2018

We should stop asking if workers deserve a “living wage” and start asking if the minimum wage actually helps workers obtain one.

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