Mises Wire

The ECB's Ultimate Attack On The Free Market System

Blog34 min ago

Since March 2016, the main refinancing interest rate of European Central Bank (EZB) is zero, and since June 2014 the ECB’s deposit interest rate is in negative territory; it currently stands at –0.40 percent. This means that euro area banks get zero funding from the ECB, and that they are...

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How to Assemble a Winning Combination of Resources — Steven Phelan

The EntrepreneurEntrepreneurship

06/20/2019Audio/Video
Hunter Hastings and Professor Steven Phelan discuss using resource-based strategic thinking to create marketplace advantage.
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The Next British Prime Minister: Is There a Least-Worst Candidate?

World History

Blog06/06/2019

Tory MPs vying for the Prime Ministership mostly all vote alike on taxes and foreign policy. So only the issue of Brexit separates the bad from the very bad candidates.

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The Fed Has No Choice But to Return to Ultra-Low Interest Rates

Blog06/04/2019

Markets are already betting that the Fed will re-commit itself to more stimulus and more ultra-low rates. The markets are probably right.

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Losing Income Tax Privacy Is a Real Danger

Bureaucracy and Regulation

Blog05/16/2019

Tax bureaucrats are very useful in helping politicians abuse their power. Presidents have long used the IRS to harass and attack their political opponents.

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Central Banks’ Crusade Against Risk

Blog05/15/2019

Central banks are absolutely committed to low rates because higher interest rates would turn the boom into bust, and would collapse our production and employment structure now based on a system of ultra-low rates.

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Brexit's Downsides Are Caused by Our Own Government

Global Economy

Blog05/09/2019

Brexit and decentralization are good things, but the unfortuante truth is that harmful post-Brexit policies are equally likely to be imposed by the UK’s own government as by the European bureaucracy.

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A Nuclear War? Over Venezuela?

War and Foreign Policy

Blog05/08/2019

How ironic that Pompeo and the rest of the neocons in the Trump administration are ready to violate the US Constitution in order to attack Venezuela to “restore their constitution.”

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