Mises Wire

Conflicting Government Data Shows the Importance of Sound Economic Theory

U.S. History

Blog10/11/2018

Even if we can observe amazing amounts of economic progress in the face of rising government intervention, in a relatively free economy, this can always be attributed to the resilience of the market system, and the power of human innovation and productivity.

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Congratulations!

Blog10/09/2018

Walter Block has reached an amazing milestone.

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Can Seasonal Adjustments Help Us Understand the Economy?

Money and BanksMoney and Banking

Blog10/06/2018

All the sophisticated quantitative methods by themselves can't help us understand the cause-and-effect of what's behind the boom-and-bust cycle.    

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China's Yuan Devaluation Is a Big Mistake

Global EconomyMoney and BanksMoney and Banking

Blog09/29/2018

China’s stealth devaluation is not making the country more competitive, it is making household and corporate debt riskier as the purchasing power of the yuan is diminished.

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Central Planning Failed in the USSR, but Central Banks Have Revived It

Money and BanksMoney and Banking

Blog09/19/2018

When I left Soviet Russia in 1991, I thought I would never see a command-and-control economy again. I was wrong. Over the past decade the global economy has started to resemble one.

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Can Consumer Surveys Tell Us Where the Economy Is Headed?

Blog09/18/2018

If a large group of people express an opinion regarding future economic conditions, it does not make it more accurate than the view expressed by any particular individual.

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Capitalism Makes Us More Humane

U.S. HistoryWorld History

Blog09/18/2018

Why is it that starving Venezuelans are eating dogs while Americans are rescuing dogs from hurricanes?

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Credit Expansion Squanders Capital

Money and BanksMoney and Banking

Blog09/15/2018

As the credit expansion turns to bust, many capital goods remain unused, many investment processes cannot be completed, and capital goods produced are used in a manner not originally foreseen. A large portion of society’s scarce resources has been squandered.

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