Mises Wire

Can a Commodity-Money Economy Co-Exist with a Fiat-Money Economy?

Just as unilateral free trade results in a more solid economy for the countries that adopt it — even within an international economy of protectionism in other countries — so would a commodity-money based economy surrounded by fiat-money economies.

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Canada's Export Guarantee Program: More Risk for the Taxpayer

05/11/2019Power & Market

Worried about the risks your business faces in an uncertain world? Well, don't worry: this government agency can just force the taxpayers to subsidize you until the risks melt away.

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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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Capital and Interest in the Austrian Tradition, Part 3 of 3

Capital and Interest TheoryMoney and Banking

05/07/2019Audio/Video
Bob reviews the contributions of Böhm-Bawerk, Fetter, and Mises, and explains interest from an Austrian approach.
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Can Central Banks Avoid Booms and Busts with the "Right" Amount of Money Creation?

Money and BanksMoney and Banking

Blog04/27/2019

Central banks contend they can avoid booms and busts by increasing the money supply the "correct" amount. They are bound to fail.

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Countries with "Free Tuition" Often Have Fewer College Graduates

Education

Blog04/26/2019

A higher education system with "free tuition" will need to control costs through larger class sizes, and lower-quality services.

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