Mises Wire

The Problem with Modern Monetary Theory

Money and BanksMoney and Banking

Blog3 hours ago

MMT basically holds that governments have control of unlimited amounts of real wealth — thanks to money-printing power. But if this were really true, countries like the USSR and North Korea could simply create money until they became wealthy nations.

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Peter Klein on Entrepreneurial Empathy

The EntrepreneurEntrepreneurship

5 hours agoAudio/Video
Hunter Hastings and Peter Klein discuss the critical skill that enables the design of new products, new services, new systems and new solutions.
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Forget Guaranteed Income — Governments Need to Stop Prohibiting Income

Blog8 hours ago

All firms may pass their regulatory compliance costs onto consumers and workers through higher prices and/or lower wages, but small firms operate at a disadvantage.

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Banking, Nation States, and International Politics: A Sociological Reconstruction of the Present Economic Order

Money and BanksMoney and Banking

03/18/2019Review of Austrian Economics, Volumes 1-10
Hoppe wrote in 1990 of the road that governments would take to create a one-world government, one-world central bank, and one-world currency. He was almost spot on.
Formats

rae4_1_3_3.pdf

PDF icon PDF (2.18 MB)
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Cash for Clunkers: Yet Another Way Government Increased the Cost of Living

U.S. EconomyU.S. History

Blog03/18/2019

No economy is made better off by destroying existing resources. But that's what "cash for clunkers" tried to do, while only driving up the price of transportation for middle and lower-middle class families.

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Deflation Fears Drive Developing Countries to Even Lower Interest Rates

Blog03/18/2019

While the US's central bank strikes a "cautiously optimistic" stance (as usual), central banks in developing countries are driven to easy money by economic uncertainty and a weakening dollar.

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How Wage Work Liberated Women (and Men)

Labor and WagesWorld History

Blog03/18/2019

Far from making women "wage slaves," Europe's move toward urban wage work liberated both women and men from the isolation and low productivity of rural farm work.

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