Mises Wire

Greenspan Expects the US to Embrace Negative Interest Rates. Here's Why That Would be "Catastrophic."

The FedMoney and BanksCapital and Interest Theory

Blog4 hours ago

Central banks’ economic models predict deeper negative rates are necessary in the event that a significant recession materializes. This would be a disaster.

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The UN's Climate Change Agenda is So Extreme Its Own Analysts Can't Defend It

Big GovernmentThe EnvironmentGlobal Economy

Blog9 hours ago

This should be shocking to naïve citizens and those who assumed that “the science” must all support the UN’s temperature goals.

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Why the Government Can't Measure Income, Happiness, or Well-Being

Blog09/17/2019

When a parent leaves the work force to focus on parenting, this shows up in government stats as lower employment and less consumer spending — suggesting a less productive economy. But that's not what's going on at all.

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Why Government Plans for Fixing Recessions Ultimately Fail

Business CyclesOther Schools of Thought

09/14/2019Mises Daily Articles
The fundamental error of the interventionists is that they ignore the shortage of capital goods.
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Economic Busts Can Happen in a Free Market. But Central Banks Make Things Much Worse.

Business Cycles

Blog09/14/2019

The length, scale, and scope of such downturns are greatly expanded under a system of fiat credit expansion.

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European Central Bank Doubles Down on Ultra-Easy Money

09/13/2019Power & Market

The ECB has surrendered and is turning toward even more aggressive easy-money policy as the euro economy slows. Meanwhile, President Trump attempted to use the move to put additional pressure on the Fed to ratchet up its own QE plans.

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Why They Keep Trying to Blame Capitalists for Slavery

Free MarketsU.S. HistoryPolitical Theory

09/13/2019Audio/Video
The resurgent claim that the modern economy was built on slavery is yet another attempt to attack capitalism while also claiming "we are all to blame" for slavery. The slave owners of old tried a very similar tactic.
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"Libertarian" Is Just Another Word for (Classical) Liberal

History of the Austrian School of EconomicsPolitical Theory

Blog09/12/2019

"Libertarianism" is very much a part of what is now known as "classical" liberalism — the influential free-market ideology of the nineteenth century whose effects and legacy are still felt today.

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