Mises Wire

Can the Fed Keep This Long Cycle Going?

Money and BanksMoney and Banking

Blog05/16/2019

Jerome Powell has lost his faith in a new surge in economic growth. So, it's back to endless stimulus to keep the current cycle going.

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Central Banks’ Crusade Against Risk

Blog05/15/2019

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.

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Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

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Canada's Export Guarantee Program: More Risk for the Taxpayer

05/11/2019Power & Market

Worried about the risks your business faces in an uncertain world? Well, don't worry: this government agency can just force the taxpayers to subsidize you until the risks melt away.

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Carl Menger on Currency Durability: A Lesson on Cryptos?

Money and BanksMoney and Banking

Blog05/09/2019

Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.

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Capital and Interest in the Austrian Tradition, Part 3 of 3

Capital and Interest TheoryMoney and Banking

05/07/2019Audio/Video
Bob reviews the contributions of Böhm-Bawerk, Fetter, and Mises, and explains interest from an Austrian approach.
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