Mises Wire

Can the Dollar Survive Both Cryptocurrencies and China?

Money and Banks

The outcome of today's currency race is uncertain. The credibility of the leading fiat currencies has suffered substantially. Their instability has fueled crises and weakened growth, so the demand for an alternative store of value is high. 

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Keynes Said Inflation Fixed the Problems of Sticky Wages. He Was Wrong.

Labor and Wages

Blog07/07/2021

In Keynes's day, wages were being artificially inflated by labor union contracts. Unemployment rose. But then Keynes decided inflation would solve the problem by lowering real wages. Here's why that's a bad idea. 

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Money Supply Growth Dropped in May to a 15-Month Low

Money Supply

Blog07/07/2021

During May 2021, year-over-year (YOY) growth in the money supply was at 15.3 percent. That's down from April's rate of 23.1 percent, and down from the May 2020 rate of 29.5 percent. 

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From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money

Money and Banks

Blog07/07/2021

Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream. 

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How a Marxist of Twenty-Five Years Became a Misesian Libertarian

Socialism

Blog07/06/2021

In the fall of 2016, I was a left communist. As any Marxist can tell you, ideology can blind one to the insights that might disrupt one’s political adhesions. Only it was Marxist ideology itself that blinded me.

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Why Africa's Geography Is a Barrier to Growth

Blog07/06/2021

Though the plague of an inhospitable geography is not an insurmountable obstacle to development, it remains crucial to understanding disparities in income across countries. 

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Biden's Economic Team Predicts Long-Term Slow Growth

U.S. Economy

Blog07/06/2021

Stagnation is real, but it isn’t “secular”—that is, sluggish growth doesn’t have to happen. The coming stagnation isn’t foreordained; it is simply the inevitable outcome of a progressive agenda that disdains free enterprise. 

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Interview with Tho Bishop: Economic Populism and the Role of the Mises Institute

The FedStrategy

The emergence of global money is going to be the greatest attack on national sovereignty and political self-determination that we have ever seen.

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