Mises Wire

Why We Need Savings to Produce What We Need

Blog01/19/2019

The real value of saving is found in how much it supports and sustains the individuals who are engaged in various stages of production.

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Why Tax Cuts Without Spending Cuts Won't Bring Economic Growth

Taxes and SpendingMoney and Banking

Blog11/01/2018

Government spending distorts and harms the wealth creation process. And cutting taxes without cutting spending won't lead to real economic growth.

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Why Fiscal Stimulus Doesn't Create Real Economic Growth

Money and BanksMoney and Banking

Blog09/04/2018

Since the government is not a wealth generating entity, how can an increase in government outlays revive the economy?

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Why Do People Assign Value to Paper Money?

Blog08/23/2018

The acceptance of money is dictated by its previous purchasing power.

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Why Central Bankers Think They're Doing Good for the Economy

Money and BanksMoney and Banking

Blog06/22/2018

The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.

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Why Do Economists Make so many Arbitrary Assumptions?

Blog05/16/2018
Various assumptions employed by mainstream economists appear to be of an arbitrary nature. The assumptions seem to be detached from the real world.
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What Determines a Currency Exchange Rate?

Money and BanksMoney and Banking

Blog05/02/2018

As far as the currency exchange rate determination is concerned, the essential variable is the relative changes in the purchasing power of various monies. 

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Why Mainstream Economists Don't See Recessions Coming

Money and BanksMoney and Banking

Blog04/03/2018

Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.

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