Mises Wire

Wage Earners and Employers

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and MethodologyProduction Theory

07/29/2019Mises Daily Articles
The characteristic principle of capitalism is that it is mass production to supply the masses. Big business serves the many.
Read More

Who Will Be the Next Governor of the Bank of England?

Money and BanksMoney and Banking

Blog07/29/2019

Five names seem to be emerging as the consistent front runners in the race to become the next head of Britain’s central bank.

Read More

Why Powell Fears a Gold Standard

Money and BanksMoney and Banking

Blog07/20/2019

The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.

Read More

Who Will Benefit More from Libra: The Unbanked, or Wall Street?

Financial MarketsGlobal EconomyMoney and Banks

Blog07/11/2019

Since Libra is an extended arm of the current financial system, first-world economies could benefit at the cost of developing economies.

Read More

Why Socialism Must Fail

Free MarketsSocialismOther Schools of Thought

Blog07/08/2019

Socialism and capitalism offer radically different solutions to the problem posed by scarcity.

Read More

When Will the Stock Market Respond to 2016's Liquidity Collapse?

Financial MarketsMoney and BanksMoney and Banking

Blog07/08/2019

 A major factor that can explain the apparent contradiction between weakening so-called fundamentals of today — and the stock market's continued march upward — is changes in monetary liquidity.

Read More

Why Progressives Wanted Less Democracy and Lower Voter Turnout

Blog07/06/2019

Reformers wanted "higher quality" votes, so they actively sought to reduce voting by urban ethnics and others opposed to the puritanical "pietists" and their progressive successors.

Read More

What Mises and Hayek Thought About Fractional Reserve Banking

Blog07/05/2019

When we understand how Mises thought (in principle) newly mined gold could conceivably set in motion the boom-bust cycle, it becomes crystal clear that he thought any amount of newly-issued fiduciary media — i.e., a credit expansion — would do the same.

Read More
Shield icon wire