Mises Wire

June Money-Supply Growth Falls to Third-Lowest Growth Rate Since 2007

Money Supply

Blog07/23/2019

In June, year-over-year growth in the money supply was at 1.98 percent. That was down slightly from May's rate of 2.10 percent, and was well down from June 2018's rate of 4.30 percent.

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Consumerism? Why People Spend on "Useless" Status Symbols

Value and Exchange

Blog07/23/2019

People buy things that reflect their value systems — values learned in homes and other non-market institutions. Meanwhile, markets don't force anyone to buy anything.

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Should We Loot the Rich?

Taxes and Spending

07/22/2019The Free Market
Redistribution is not ethical; it’s theft and destruction. It is simply a means to satisfy the envy of some who seek to harm those who have obtained greater wealth through the satisfaction of the wants of consumers.
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Austrian-Style Entrepreneurship Explains Much of China’s Growth

The EntrepreneurEntrepreneurship

Blog07/22/2019

For centuries, entrepreneurial talents in China were diverted to military wars, political struggles, and government services. But now things are changing.

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Are Expectations the Driving Force Behind Business Cycles?

Booms and BustsBusiness Cycles

Blog07/22/2019

Even if business people learn to expect easy-money caused bubbles and busts — this would still not prevent the formation of a boom-bust cycle. 

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Myth and Truth About Libertarianism

Free MarketsPolitical TheorySubjectivism

07/20/2019Mises Daily Articles
Here are six common myths often heard about libertarianism.
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Tolkien, Christianity, and the State

Media and Culture

Blog07/20/2019

Conservatives appear to be increasingly in favor of using the power of the state to force their agenda. But what happens when the state they favor is turned against them?

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Why Powell Fears a Gold Standard

Money and BanksMoney and Banking

Blog07/20/2019

The fact that politicians, central bankers, and “too big to fail” bankers all oppose a gold standard is a tacit admission that hard money would serve as an effective constraint on their activities.

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