Mises Wire

What Harry Potter Can Teach the Federal Reserve

The FedMedia and Culture


Given the monetary dark arts being practiced around the world, I would much prefer my money in the hands of Gringotts goblin, than at the mercy of our Federal Reserve Chairman Who-Must-Not-Be-Named.

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Where Negative Interest Rates Will Lead Us

The FedGlobal EconomyMoney and BanksMoney and Banking

02/25/2016Mises Wire
Central banks worldwide are putting their faith in negative interest rates. Unfortunately, these central bankers do not understand what interest rates are supposed to do, or how manipulating them will lead to a bust.
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Will Immigration Force a Change in Sweden’s Labor Laws?

Global EconomyWorld HistoryInterventionismValue and Exchange

01/13/2016Mises Wire
The Swedish welfare state long ago created a rigid and dysfunctional labor market. But now, the influx of immigrants is highlighting just how poorly the Swedish labor market works.
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Why Austrians Are Not Neoliberals

History of the Austrian School of EconomicsMonetary TheoryOther Schools of ThoughtValue and Exchange

01/04/2016Mises Wire
In his book Never Let a Serious Crisis Go to Waste , Philip Mirowski correctly diagnoses many problems with neoclassical economics. The reader soon notices, however, that Mirowski doesn't know the difference between Austrian economists and neoliberals.
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White "Privilege" Has Nothing on State Privilege

EducationThe Police State

11/17/2015Mises Wire
When it comes to immunity from punishment for crimes, and free stuff coerced from others, there’s no better deal than being a government agent or elected official. So-called “white privilege” is nothing compared to the privileges enjoyed by the state.
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Why We Need Private Property to Deal with Scarce Resources

Production TheorySubjectivismValue and Exchange

11/02/2015Mises Wire
Without markets, there is no way to manage scarce resources, and this includes natural resources like forests. Only markets can provide the sort of balanced long-term planning necessary to both utilize and preserve natural resources.
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