Mises Wire

As Democrats Push a "Wealth Tax," Here's Why Other Countries Got Rid Of It

06/26/2019Power & Market

Expect a "wealth tax" to be a popular idea during the Democratic debates, but it's really a tax on the creation of new wealth.

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Donnie Gebert Explains That a Direct Republic is Now Possible

StrategyPolitical Theory

06/25/2019Audio/Video
Bob Murphy has a three-hour conversation with former Military Intelligence Sergeant, Donnie Gebert.
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The Economics of Healthcare: Market Failure or Faulty Models? (Part 1)

Health

06/24/2019Audio/Video
Accad and Koka discuss with Bob Murphy the common belief that healthcare is a sector plagued by “market failure”.
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Money-Supply Growth Remained Sluggish in May

Money Supply

Blog06/24/2019

Money supply growth inched up in May, rising slightly above March's and April's growth levels. But overall growth levels remain quite low compared to growth rates experienced from 2009 to 2016. March's growth rate, for examples, was at a 12-year (145-month) low.

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What the Number Crunchers Get Wrong about the "Velocity of Money"

Money and BanksMoney and BankingOther Schools of Thought

Blog06/22/2019

The "Velocity of Money" Is a product of human choices and human values. It's not something we can just plug into an equation.

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The Alleged Absence of Depressions under Totalitarianism

Business CyclesHistory of the Austrian School of EconomicsMonetary TheoryOther Schools of Thought

06/21/2019Mises Daily Articles
Where there is no business at all, business can be neither good nor bad. There may be starvation, and famine, but no depression in the sense in which this term is used in dealing with the problems of a market economy.
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