Mises Wire

Gold Prices Show There's a "Big Short" Going on in Official Currencies

Blog08/13/2020

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

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New Opportunities for Marxists: Climate Change and Coronavirus

CapitalismProgressivismSocialism

Blog07/22/2020

Every economic system is a mixture of market action and state control. The Marxist strategy is to blame every ill caused by state intervention on capitalism. 

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Why Governments Hate Currency Competition

Blog07/01/2020

There are some reasons to be optimistic about the future of free market money. On the other hand, the world's governments will fight true currency competition every step of the way.

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The Forgotten Greatness of Rothbard’s Preface to Theory and History

History of the Austrian School of EconomicsPhilosophy and MethodologyPraxeology

Blog06/24/2020

Providing the opening for Mises’s great methodological work gave Rothbard the opportunity to set down his perspective on the importance of the praxeological method.

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Central Bankers Will Bring Us Economic Stagnation

Financial MarketsGlobal EconomyMoney and Banks

Blog06/22/2020

Central bank policies that rely on ultralow interest rates have been shown to bring economic stagnation. Unfortunately, central bankers don't seem to have any other ideas.

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Governments Have Crippled the World's Economies. Revolution May Soon Follow.

CapitalismSocialismInterventionism

Blog06/06/2020

Mises knew: “Mass unemployment destroys the moral foundations of the social order. The young people…forced to remain idle, are the ferment out of which the most radical political movements are formed."

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To Prevent Problematic Inflation, We Need More Production. Which Means There's Trouble Ahead.

InflationMonetary TheoryOther Schools of Thought

Blog05/25/2020

Price inflation is so difficult to predict, because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.

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How Government Intervention Triggers Depressions

Business CyclesProduction Theory

Blog05/21/2020

Thanks to past interventions, the economy is now rife with malinvestments and prices that don't reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us.

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