Mises Wire

Four Reasons Central Banks are Wrong to Fight Deflation

Money and BanksMonetary TheoryMoney and Banking

Blog06/22/2017
The harmful character of deflation is a sacred dogma of monetary policy. However, evidence substantiating these claims is either weak or nonexistent.
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Fractional-Reserve Banking and Money Creation

Money and Banking

Blog06/16/2017
Private banks are important drivers in the creation of unbacked money. But, they'd be far more constrained in this were it not for central banks.
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Four Reasons Why College Degrees Are Becoming Useless

EducationTaxes and Spending

Blog06/14/2017
If education and career skills are what you want, a college or university may be a waste of your time and money.
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Federal Bureaucrat to the Public: Be Afraid!

Blog05/26/2017
Governments have always thrived on the fear of the taxpayers, and the DHS secretary is sure that if we knew what he knew, we'd "never leave the house."
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France's Election Provides Only Short-Term Relief For The Euro

Free MarketsMoney and Banks

Blog05/08/2017
France's new president Macron will face some major challenges at home, both economically and politically.
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Florida Voted for Medical Marijuana, State Legislators Don’t Care

Big GovernmentHealthThe Police State

Blog04/21/2017
Given Florida's political reality, it is not surprising to see lobbyist pressure pre-empt patient care. It doesn’t make it any less sickening.
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Fannie and Freddie Finally Wake Up

Financial MarketsPolitical Theory

Blog04/19/2017
Because Fannie and Freddie weren’t allowed to fail, it has taken years for these wards of the state to smell the delinquent-mortgage coffee.
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Frédéric Bastiat Is Right (Again)

Free MarketsGlobal EconomyTaxes and Spending

Blog04/14/2017
Tariffs never benefit a nation. They do, however, often increase government revenue at the expense of everyone else.
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