Mises Wire

What Makes a Good Economic Model?

Blog10/25/2017
The best criteria for selecting a, economic model is not how well it worked in the past — but whether it is theoretically sound.
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Why Does US Price Inflation Remain Relatively Subdued?

Money and BanksMoney and Banking

Blog09/27/2017
What matters here is not the price levels. What matters are the increases in money supply which undermine the real wealth generation process.
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What Is the Correct Amount of Money?

Money and BanksMoney and Banking

Blog09/19/2017
Since the present monetary system is fundamentally unstable, there cannot be a "correct" money supply growth rate.
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With a Central Bank, Bank "Deregulation" Can Be a Bad Thing

Money and Banking

Blog09/15/2017
When a central bank exists, deregulation may make it easier for central banks to create more money "out of thin air."
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Will Low Unemployment Cause Accelerating Inflation?

Money and BanksBusiness CyclesMoney and Banking

Blog09/08/2017
In an unhampered market, there is no reason why low levels of unemployment should lead to an inflationary spiral.
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What Is the Liquidity Trap?

Money and BanksMoney and Banking

Blog08/27/2017
"Too little spending" does not cause recessions. On the contrary, too much spending spurred by central bank meddling is what leads to booms and busts.
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Why Cryptocurrencies Will Never Be Safe Havens

Money and Banks

Blog08/14/2017

Cryptocurrencies are an important step in the right direction. But thinking that we are magically creating new stores-of-value is a profound mistake.

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Why Wage Growth Is So Weak

Money and BanksMoney and Banking

Blog07/17/2017
As central banks enable the creation of money out of thin air, wealth creation has suffered, as has worker productivity.
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