Mises Wire

Fractional Reserves and the Fed

The FedMoney and BanksMoney and Banking

03/09/2019The Free Market
In this testimony to Congress, Joseph Salerno describes how to fix the problem of fractional reserve banking.
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June2012_0.pdf

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Fed Policy vs. ECB Policy: A Comparison

Money and BanksMoney and Banking

The Fed and the ECB have taken two different paths since the 2008 crisis. Here's what you need to know.

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Facing Inflation Alone: Juan de Mariana and His Struggle against Monetary Chaos

History of the Austrian School of EconomicsMonetary Theory

01/31/2019Quarterly Journal of Austrian Economics
Several generations have benefited unknowingly from Mariana's courageous efforts to defend private property and freedom against the tyrants of his day.
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Freedom of Choice is What Sets Capitalism Apart — Not Competition

Blog01/28/2019

All economic and political systems involve competition over scarce resources. So it's wrong to say competition is the distinguishing characteristic of capitalism.

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France's Protests: Why It's Different This Time

Blog01/24/2019

The core problems protested by the "Yellow Vests" are largely of an economic nature, while they also targeted the political class that is widely seen as being out of touch with reality.

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Fire the Fed?

01/21/2019Power & Market

By firing Powell, President Trump would once and for all dispel the myth that the Federal Reserve is free from political interference.

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France's Crisis Is the Latest In a Long History of Conflict over France's Un-Free Markets

SocialismTaxes and SpendingWorld HistoryInterventionism

Blog01/17/2019

Emmanuel Macron said he wanted to make France more free and more competitive. But his failed tax increase on gasoline shows just how fragile reform attempts are in France.

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