Mises Wire

Easy-Money Policies Don't Solve the Problem of Idle Resources

Blog12/07/2019

Loose monetary policy can get people to use idle resources. But this new economic activity will likely be in the service of bubble industries that don't create real wealth. Moreover, these bubbles create many idle resources of their own when the bust comes.

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Exports: Currency Devaluation Won't Grow the Economy

Money and Banking

Blog12/02/2019

When governments devalue the currency to push more exports, the country is getting rich in terms of foreign currency, but it is getting poor in terms of real wealth.

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Expect the ECB to Use a "Climate Crisis" to Justify Their Next Stimulus Plan

Cronyism and CorporatismThe EnvironmentMoney and Banks

Blog11/23/2019

The ECB, always happy to repeat the mistakes of Japan, is likely to start new programs of debt monetization for green projects and claim it is a different, radical and new measure.

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Economic Nationalism: From Mercantilism to World War II

Big GovernmentWorld HistoryInterventionismOther Schools of Thought

11/18/2019Mises Daily Articles
The rulers of that period had far-reaching powers over the activities of their subjects, while individual liberties were largely submerged.
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Evidence-Based Economics: What the Doctor Ordered?

HealthPhilosophy and Methodology

11/06/2019Audio/Video
Peter Klein discusses “evidence-based economics” and the relative place of randomized trials in economics and medicine.
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Europe's Spending Binge Is Slowing Its Economy

Global EconomyTaxes and Spending

Blog10/21/2019

The string of spending increases announced daily in Europe disguise an extremely dangerous bet: that the ECB will bail out the eurozone forever.

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