Mises Wire

Fed Nominee Judy Shelton Wants Sound Money—and Lots of It

Money and BanksMoney and Banking

Blog01/21/2020

Judy Shelton may be a tolerable—at least to Republicans—candidate for the Federal Reserve Board of Governors.

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Fed Policy vs. ECB Policy: A Comparison

Money and BanksMoney and Banking

The Fed and the ECB have taken two different paths since the 2008 crisis. Here's what you need to know.

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Freedom of Choice is What Sets Capitalism Apart — Not Competition

Blog01/28/2019

All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.

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Falling Prices Are a Good Thing

Money and BanksMoney and Banking

Blog01/16/2018
Entrepreneurs, in the pursuit of the price that will yield profits, will direct real funding towards the improvement of people’s lives and well-being.
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Fractional-Reserve Banking and Money Creation

Money and Banking

Blog06/16/2017
Private banks are important drivers in the creation of unbacked money. But, they'd be far more constrained in this were it not for central banks.
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