Mises Wire

What the Number Crunchers Get Wrong about the "Velocity of Money"

Money and BanksMoney and BankingOther Schools of Thought

Blog06/22/2019

The "Velocity of Money" Is a product of human choices and human values. It's not something we can just plug into an equation.

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The Alleged Absence of Depressions under Totalitarianism

Business CyclesHistory of the Austrian School of EconomicsMonetary TheoryOther Schools of Thought

06/21/2019Mises Daily Articles
Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
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The Fed's Endless Boom-Bust Cycle

Money and Banks

Blog06/21/2019

While many attempt to look to "de-regulation" or tax cuts to explain economic cycles, it makes more sense to zero-in on the role of central banks. 

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The Last Thing Europe Needs Is to Further Loosen the EU's Fiscal Rules

06/20/2019Power & Market

European central bankers hate the few rules that restrain the eurozone's profligate spenders. But those rules are what keeps a currently dangerous system from spinning totally out of control.

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Economics is the Most Important Science for the Layman

06/19/2019Power & Market

When it comes to public policy, good outcomes depend on a good grasp of sound economics by the public.

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Why Private Roads Would Have Fewer Traffic Jams

06/18/2019Power & Market

If prices were allowed to adjust to demand, the price of using a given highway would increase when more people want to use it and decrease when fewer people want to use it.

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Article Submission Guidelines for Mises Wire

Blog06/18/2019

I've received a few questions recently about submission guidelines for Mises Wire, so here are the guidelines.

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Iran: America's Latest Drive for War

War and Foreign Policy

Blog06/14/2019

The US government wants us all to pay and sacrifice for yet another war. And it's using all the usual old tricks to try and have its way.

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