Mises Wire

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.

Read More

Can Central Banks Avoid Booms and Busts with the "Right" Amount of Money Creation?

Money and BanksMoney and Banking

Blog04/27/2019

Central banks contend they can avoid booms and busts by increasing the money supply the "correct" amount. They are bound to fail.

Read More

Countries with "Free Tuition" Often Have Fewer College Graduates

Education

Blog04/26/2019

A higher education system with "free tuition" will need to control costs through larger class sizes, and lower-quality services.

Read More

Central Banks May be Enabling Unhealthy Corporate Buyouts

Rather than increase efficiency and profitability, corporate managers look for easy ways to increase their salaries through leveraged buyouts. And central banks have a key role in making this easier and more common.

Read More

Counterfeiting Money Is a Crime — Whether Done by the Fed or A Private Individual

Money and BanksMoney and Banking

Blog04/13/2019

The consequences of counterfeiting are the same regardless of who does it. The counterfeiters are exchanging nothing for something — thus stealing from those who create real value.

Read More

Central Banks Are Propping Up Stock Prices

Blog04/11/2019

In the short term, a central bank can drive up stock prices by lowering the interest rate. In the longer term, it could sap the strength out of an economy.

Read More

Central Banks Are Heading Toward a Stagnant Global Zombie Economy

Booms and BustsFinancial MarketsMoney and Banks

Blog04/09/2019

Using Japan as a model, governments are steering us toward a worldwide zombie economy — but we're likely to end up with something that looks more like Argentina than Japan.

Read More
Shield icon wire