Mises Wire

Markets Can Give Us Both Greater Income Equality and Greater Economic Growth

U.S. EconomyU.S. History

Blog07/15/2019

The modern norm is that economic growth causes measured income inequality to increase. But to  have greater income equality and greater economic growth. It simply requires more free market policies and less government interventionism.

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Medievalism, Absolutism, and the French Revolution

Blog07/12/2019

The brutal, absolutist, and mercantilist state that collapsed under the French Revolution was no benign and restrained regime. And in many ways, the monarchy's embrace of a powerful centralized state sowed the seeds of its own destruction.

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Markets are Cheering Christine Lagarde's Appointment to the ECB. Here's Why That's Trouble.

Financial MarketsMoney and Banks

Blog07/12/2019

The market probably interprets correctly that the European Central Bank will become even more dovish under Lagarde. This will encourage more risk in the financial system.

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Mises University 36

The Left is on the march. Everything is at stake.

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Money-Supply Growth Remained Sluggish in May

Money Supply

Blog06/24/2019

Money supply growth inched up in May, rising slightly above March's and April's growth levels. But overall growth levels remain quite low compared to growth rates experienced from 2009 to 2016. March's growth rate, for examples, was at a 12-year (145-month) low.

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Money and Gold in the 1920s and 1930s: An Austrian View

U.S. HistoryMoney and BankingMoney Supply

Blog06/18/2019

The Fed’s monetary policy, except for very brief periods in 1929 and 1936–1937, was consistently and unremittingly inflationist in the 1920s and 1930s.

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Mexican BMW Factory Shows Us the Benefits of Free Trade

Protectionism and Free Trade

Blog06/18/2019

Car companies are building in Mexico rather than the United States, largely because it has freer trade than the United States does with the rest of the world.

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Mises on 100-Percent Reserve Banking

Money and BanksMoney and Banking

Blog06/13/2019

Mises declared in 1951: “No boom is possible without credit expansion... the boom which causes the following depression could not occur if the banks did not expand credit."

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