Mises Wire

The ECB's Ultimate Attack On The Free Market System

Blog2 hours ago

Since March 2016, the main refinancing interest rate of European Central Bank (EZB) is zero, and since June 2014 the ECB’s deposit interest rate is in negative territory; it currently stands at –0.40 percent. This means that euro area banks get zero funding from the ECB, and that they are...

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The Economics of Healthcare: Market Failure or Faulty Models? (Part 1)

Health

06/24/2019Audio/Video
Accad and Koka discuss with Bob Murphy the common belief that healthcare is a sector plagued by “market failure”.
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The Fed Fears Rising Market Interest Rates

06/24/2019Power & Market

The demand for loans among consumers and business owners is rising. And that could lead to a flood of new money into the economy. But the Fed is (rightly) afraid of where this might lead.

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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 Supreme Court's Dubious "Wall of Separation" between Church and State

Legal SystemU.S. History

Blog06/21/2019

How old should a monument be to avoid Establishment Clause challenges? Not that old, given the Supreme Court invented the "wall of separation" argument in only 1947.

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The Zombie (Company) Apocalypse Is Here

Booms and BustsBusiness Cycles

Blog06/21/2019

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

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