Mises Wire

The Fed Fears Rising Market Interest Rates

8 hours agoPower & Market

The demand for loans among consumers and business owners is rising. And that could lead to a flood of new money into the economy. But the Fed is (rightly) afraid of where this might lead.

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The Velocity of Circulation

Financial MarketsHistory of the Austrian School of EconomicsMonetary Theory

06/20/2019Mises Daily Articles
Increased velocity of circulation is not, in itself, a contributing cause of higher commodity prices. It is not even a link in the chain of causation.
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The Economic Recessions of the Late 1970s and Early 1990s

Booms and BustsFinancial MarketsU.S. History

Blog04/18/2019

The most characteristic feature of post-WWII business cycles is that they have originated in deliberately inflationary policies directed by central banks. 

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The Dangers of Government-Funded Artificial Intelligence

Blog03/30/2019

The risk of abusing human rights through AI technologies becomes greater the more AI research is funded or directed by government agencies.

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The Theory of Interest Rates

Capital and Interest Theory

03/28/2019Audio/Video
What are interest rates, where do they come from, and what purpose do they serve? Economist Jeffrey Herbener explains why Turgot, Böhm-Bawerk, and Mises got it right.
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This Way Toward Equality

Free MarketsMedia and CultureEntrepreneurshipInterventionism

03/26/2019Mises Daily Articles
Equalization of incomes can be accomplished only by moving down the road toward serfdom.
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The Place of Economic Calculation in the Economic Theory of Ludwig von Mises

SocialismCalculation and KnowledgeSubjectivism

03/20/2019Quarterly Journal of Austrian Economics
The marginalist revolution posed a fundamental problem for economic theory. Mises’s approach not only solved the problem of economizing resources in a division of labor, but provides a robust framework for economic research.
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The Green New Deal Plus Modern Monetary Theory = Socialism

Bureaucracy and RegulationMoney and BanksTaxes and Spending

Blog03/05/2019

MMT boils down to government using its monopoly over money to dictate and control production, obliterate free markets, suppress private enterprise, and impoverish the people.

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