Mises Wire

The Instability of Markets Is Not Nearly as Bad as the Instability of Government Policy

Free MarketsInterventionism

Blog11/20/2019

Many advocates claim government intervention is necessary because markets are too unstable. The real instability, however, comes from the immense uncertainty over what government will do next with its vast and arbitrary power.

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Don't Want a Liquidity Trap? More Saving Is the Answer

Blog11/19/2019

The fact that central bank policies become ineffective in reviving the economy is not due to the liquidity trap, but because of the decline in the pool of real savings. This decline emerges due to loose monetary and fiscal policies.

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Why Friedman Is Wrong on the Business Cycle

Blog11/13/2019

 A common view is the bust is caused by various mysterious factors that have nothing to do with the previous boom. But that the main problem with Friedman’s model is the lack of a coherent definition of what a boom-bust cycle really is.

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Bretigne Shaffer on California's Mandatory Vaccinations

Big GovernmentHealth

11/09/2019Audio/Video
Bob Murphy and longtime libertarian journalist Bretigne Shaffer discuss the vaccinations now enforced for school children in California, and the parents who are protesting the policy.
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Why Government Should Not Fight Deflation

Money and BanksMoney and Banking

Blog11/09/2019

The fewer non-productive bubble activities we have, the better it is for those activities that actually crate wealth. But attempts to reverse deflation with new money creation only create new bubbles.

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More Government Spending Won't Make the Economy Grow

Money and Banks

Blog10/25/2019

Economic growth comes from the accumulation of real wealth — which is necessary to produce more goods and services.

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Dave Smith One-on-One with Jeff Deist

Jeff Deist and Dave Smith discuss D.C., Ancapistan, the future of religion in western society, and the Federal Reserve.
10/24/2019Power & Market
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