Mises Wire

The Mythology of the "Natural Interest Rate"

Money and BanksMoney and Banking

Blog6 hours ago

Central bankers are claiming that a global savings glut is driving down the "natural" interest rate to negative levels. They're wrong.

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Central Banks Are Just Getting Warmed Up

Blog10/12/2019

Central Banks now have an alphabet soup of policy tools. But it's all radlly just more of the same — that is, inflationary easy-money monetary policy.

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Walter Block and William Barnett on Problems With the Hayekian Triangle

Capital and Interest Theory

10/10/2019Audio/Video
Block and Barnett on whether the Hayekian triangle—the popular device used to illustrate how artificially low interest rates lead to an unsustainable boom—can be salvaged or should be abandoned altogether.
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Price Fixing in Ancient Rome

Booms and BustsFree MarketsGlobal EconomyWorld HistoryInterventionism

10/03/2019Mises Daily Articles
State intervention and a crushing fiscal policy made the whole empire groan under the yoke; more than once, both poor men and rich prayed that the barbarians would deliver them from it.
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Why Congress Is Even Worse Than You Think

Big GovernmentLegal SystemStrategy

10/03/2019Audio/Video
Ryan McMaken and Tho Bishop discuss the differences in how legislative bodies function, and look at what makes the Federal government so uniquely dangerous to liberty.
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The Difference Between Regulated Markets and Free Markets

Free MarketsInterventionism

Blog10/02/2019

What exchanges take place, and which do not, is affected by how markets are regulated. Black markets and regulated markets have different outcomes than free markets.

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Trade Restrictions Are an Assault on the Individual's Human Values and Rights

Protectionism and Free Trade

Blog09/27/2019

Today's tariff policy relies on the fanciful idea that politicians can pull the right levers to make the economy more efficient or more just. As always, the idea is based on fantasy.

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