Mises Wire

Markets are Cheering Christine Lagarde's Appointment to the ECB. Here's Why That's Trouble.

Financial MarketsMoney and Banks

Blog07/12/2019

The market probably interprets correctly that the European Central Bank will become even more dovish under Lagarde. This will encourage more risk in the financial system.

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Is Mexico Richer after NAFTA?

06/21/2019Power & Market

There is a clear correlation between expansions in international trade and reductions in poverty. The Mexican experience appears to be no different.

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Does the US Need a Rate Cut? No!

06/17/2019Power & Market

A rate cut would only create a larger problem in the future. If the already dangerous corporate and sovereign debt bubble grows significantly more, no monetary policy will prevent a debt crisis.

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Earth to Tesla: Elon Musk Has Few Ideas Beyond Begging for Government Money

Bureaucracy and RegulationCorporate Welfare

Blog06/12/2019

Elon Musk uses corporate welfare and "public-private partnerships" to create the false impression he is an actual entrepreneur.

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The ECB Continues to Incentivize Reckless Behavior

Global EconomyMoney and BanksMoney and Banking

Blog06/08/2019

Monetary policy has gone from being a tool to support fiscal reforms to an excuse for not implementing them.

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Carl Menger on Currency Durability: A Lesson on Cryptos?

Money and BanksMoney and Banking

Blog05/09/2019

Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.

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Five Reasons for the Weakness of the Argentine Economy

Financial MarketsGlobal EconomyMoney and Banks

Blog05/01/2019

It is not easy to change the failed policies of the Kirchner era without recognizing the enormous monetary and fiscal hole created by the previous administration.

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Lara and Murphy Discuss IBC and the Business Owner

Money and BanksMonetary TheoryMoney and Banking

04/16/2019Audio/Video
Bob Murphy and Carlos Lara discuss the yield curve from an Austrian perspective.
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