Mises Wire

The World Needs an Austrian-School Approach to Economic History

Blog10/06/2017
Economic historians should reconcile with economics as a science that is key to the analysis, categorization, and explanation of past phenomena.
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The World Is Creeping Toward De-Dollarization

Money and BanksMoney and Banking

The reign of every world reserve currency has to come to an end at some point in time.
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The Space Race Is Now "Privatized" — But You're Still Paying for It

Taxes and SpendingWorld History

Blog09/13/2017
"Ultimately, this is going to be a huge public-private partnership," says Elon Musk, as he rakes in taxpayer money.
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The Relationship Between Saving and Money

Money and Banking

Blog08/18/2017
It is not money that funds economic activity but the saved pool of final consumer goods. Money only facilitates the flow of the real savings.
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Time to Cash Out of the Banking System?

Business Cycles

Blog06/27/2017
Uh-oh. Chairman Yellen assured us today that she does not believe that there will be another financial crisis "in our lifetimes."
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The Money-Velocity Myth

Money and BanksMoney and Banking

Blog06/26/2017
Velocity has nothing to do with the purchasing power of money.
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The Essential Link Between Consumers and Financial Markets

Financial MarketsCalculation and Knowledge

Blog05/10/2017
Much like an entrepreneur, a good investor seeks to know how to best serve consumers — and then invests his money in firms that do it.
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