Mises Wire

Robert Shiller Is Shilling for Socialism

Global EconomyWorld HistoryPolitical TheoryValue and Exchange

10/19/2015Mises Wire
Robert Shiller, in a new screed against capitalism in The New York Times, asserts that government regulation makes countries rich. He then bolsters this argument by making stuff up.
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Real Wealth Weaker than GDP Stats Show

Booms and BustsMoney and BanksMoney and Banking

09/07/2015Mises Wire
Our method of calculating GDP growth is hopelessly flawed, and is more likely determined largely by the growth of the money supply in the economy. So as the Fed pumps more, the economy appears to grow also.
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