Mises Wire

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

Money and BanksMoney and Banking

Blog05/16/2019

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

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The Subsistence Fund Is the Heart of Economic Growth

Money and BanksMoney and Banking

Blog05/11/2019

The "subsistence fund" — created by real savings — is the foundation of true economic growth. But it can be eroded and destroyed by creating money "out of thin air."

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3 Ways to Help Bridge the Racial Wealth Gap

Blog05/08/2019

Occupational licensure, civil asset forfeiture, and an inflationary monetary policy all work to destroy wealth-building opportunities among lower-income and non-white groups.

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What Mises Said about Rothbard

05/07/2019Power & Market

Critics of Rothbard have tried to create a myth in which Rothbard is not in the same Austrian tradition as Mises. The words of Mises himself say otherwise.

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Economic Models vs. The Real World

Money and BanksMoney and BankingPhilosophy and Methodology

Blog05/04/2019

Economic theory must have only one purpose — to explain economic activity. However, statistical methods are of no help in this regard.

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Praxeology and the Method of Economics

Philosophy and MethodologyPraxeology

04/29/2019Audio/Video
Dr. Joe Salerno and Jeff Deist explore the method of economics.
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Can Central Banks Avoid Booms and Busts with the "Right" Amount of Money Creation?

Money and BanksMoney and Banking

Blog04/27/2019

Central banks contend they can avoid booms and busts by increasing the money supply the "correct" amount. They are bound to fail.

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