Mises Wire

Why Central Bankers Think They're Doing Good for the Economy

Money and BanksMoney and Banking

Blog06/22/2018

The only reason why the illusion that central authorities can grow an economy appears to be real is because of a still expanding pool of real savings.

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Why Do Economists Make so many Arbitrary Assumptions?

Blog05/16/2018
Various assumptions employed by mainstream economists appear to be of an arbitrary nature. The assumptions seem to be detached from the real world.
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What Determines a Currency Exchange Rate?

Money and BanksMoney and Banking

Blog05/02/2018

As far as the currency exchange rate determination is concerned, the essential variable is the relative changes in the purchasing power of various monies. 

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Why Mainstream Economists Don't See Recessions Coming

Money and BanksMoney and Banking

Blog04/03/2018

Recessions grow out of government and central-bank interventions that direct resources away from true wealth generating activities — and toward bubble activities.

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Why Understanding Inflation Is So Important

Money and BanksMoney and Banking

Blog03/19/2018

Conflating "inflation" with a general rise in prices prevents understanding the true problem with inflation. 

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Why We Now Measure Gold in Dollars — and Not the Other Way Around

Global EconomyGold Standard

Blog03/10/2018

A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.

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Will the Data Tell Us When the Next Bust Is Due?

Money and BanksMoney and Banking

Blog02/27/2018
The trigger to boom-bust cycles is central bank monetary policies and not some mysterious factors we can only tease out of statistical data.
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Why Good Economics Requires Good Theory

Money and Banking

Blog02/06/2018
Statistical data cannot produce much information about the underlying causes behind human action.
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