Mises Wire

Why Central Banks Aren't Really Setting Interest Rates

Capital and Interest TheoryMoney and Banking

Blog12/11/2019

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

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Why Gold Still Matters

Media and CultureMoney and BanksAustrian Economics OverviewGold StandardMoney Supply

12/10/2019Audio/Video
Why does gold still matter? Politicians, central bankers, and investors dismiss it as a relic, but the precious metal still plays role in today's economy. Keith Weiner of Monetary Metals explains why.
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When the Communists Abolished the Weekend

Labor and WagesWorld History

Blog12/09/2019

By abolishing the weekend, the Soviets were in one move able to strike a blow against both families and religious institutions. All that was left was the state — and state-mandated labor.

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Why this Boom Could Keep Going Well Beyond 2019

Booms and BustsFinancial Markets

Blog12/07/2019

As long as there is still room for pushing the market interest rate down even further, the chances are reasonably good that the boom continues, and that the bust will be postponed into the future.

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We're Told Americans Have No Free Time, Yet We're Watching More than Four Hours of TV Per Day

If this data is correct, then the anecdotal evidence just doesn't add up, and it's simply not the case that people don't have time to do anything other than work, eat some fast food, and then do it all over again.

12/06/2019Power & Market
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We Don't Need Sunday "Blue Laws"

Media and CultureU.S. History

Blog12/05/2019

Advocates for "blue laws" want to impose more laws on shopkeepers. These moral crusaders should instead start by setting a good example, and stop watching football games, ordering pizzas, or filling up on gas on Sunday.

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Who Is on the Shortlist to Lead the Bank of England?

British politics could potentially be very different next year, but a recent shortlist of candidates to replace Mark Carney doesn't provide much hope for Austrians. 

12/05/2019Power & Market
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