Mises Wire

Dale Earnhardt Jr. Doesn't Understand What Capitalists Do

Blog12/05/2018

While it may seem to many that the capitalist provides no benefit to the market, but without Earnhardt Jr. taking on the function of the entrepreneur, there would be no car to drive, no strategy to call, no wrench to turn.

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Double Your Gift with the Year-End 2018 Schlarbaum Match

Education

Blog12/03/2018

Gary Schlarbaum is delighted to match your gift now through December 9. 

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Does China Have Enough Gold to Move Toward Hard Currency?

Money and BanksMoney and Banking

Blog11/17/2018

Decades ago, the Chinese state began to accumulate gold merely as part of a makeshift backup plan. But it may have ended up with enough gold to make a real move away from fiat currency, which would be a disaster for its Western competitors.

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Does a Falling Money Supply Cause Economic Slumps?

Money and BanksMoney and Banking

Blog11/13/2018

As the foundation of the economy weakens, bank lending weakens also. And then money begins to disappear from the banking system.

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Deficits Do Matter: Debt Payments Will Consume Trillions of Dollars in Coming Years

Taxes and Spending

Blog10/27/2018

In coming years, interest payments on debt will increasingly pull money away from programs like Medicare and military spending.

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Don't Expect Any Spending Cuts Under Trump

Big GovernmentTaxes and SpendingU.S. Economy

Blog10/03/2018

With the end of the 2018 fiscal year, we're seeing just how much Donald Trump loves to spend government money.

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Does a Fall in Unemployment Lead to Stronger Economic Growth?

Money and BanksMoney and Banking

Blog08/13/2018

Ultimately, what matters for the well-being of individuals is not that they are employed as such, but their purchasing power in terms of the goods and services that they earn.

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Defending the "Gentrifier"

U.S. EconomySubjectivismValue and Exchange

Blog08/09/2018

Gentrification gets bad press. It would appear that the gentrifier (he who engages in gentrification) is a malign exploiter, a bully, someone who takes advantage of the weak and the poor. And these are the nice things said about him.

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