Mises Wire

The ECB’s Latest Big Mistake

Money and Banking

Blog12/31/2020

The worst excuse of all is that “there is no inflation.” It’s like driving a car at 300 miles an hour on the highway, looking in the rearview mirror and saying, “we haven’t killed ourselves yet, accelerate.”

Read More

The Result of "Too Much Money": Asset Price Inflation and Inequality

Money and Banks

Blog12/31/2020

While it took the Federal Reserve almost six years to create 3.5 trillion in new US dollar liquidity after 2008, this time around, it took only ten months to unleash a monetary tsunami of $3 trillion, with the projection of at least another $1.8 trillion next year.

Read More

The Mises Review: Book Reviews from 2020

Book Reviews

Blog12/30/2020

As we prepare for 2021, here is a collection of Dr. Gordon's book reviews from the past year. Each article features his piercing Rothbardian-insight into some of the most important new books of 2020.

Read More

The Disaster of Bretton Woods vs. a Real Gold Standard

Book ReviewsMoney and Banking

Blog12/30/2020

The French economist Jacques Rueff was the foremost opponent in the twentieth century of the gold exchange standard.  He well described how the Bretton Woods enabled the US government to engage in seemingly endless deficit spending. 

Read More

The Fed Won't Save Us from the Growing Jobs Recession

The FedFinancial Markets

Blog12/28/2020

No matter how bleak the economy may be, the Keynesians are likely to say, “It would have been worse without us.” 

Read More

The Great Reset, Part II: Corporate Socialism

Blog12/26/2020

The aims of the WEF are not to plan every aspect of production and thus to direct all individual activity. Rather, the goal is to limit the possibilities for individual activity—by dint of squeezing out industries and producers within industries from the economy.

Read More

Today's Negative Rates Are the Path to Poverty

Blog12/25/2020

Murray Rothbard wrote, “The rate of interest is the price of ‘time.’” It’s safe to say the world’s central banks have manipulated and mispriced what time is worth.

Read More

The Problem with Mandatory "Socially Responsible Investing"

Financial MarketsFree MarketsTaxes and Spending

Blog12/23/2020

There are ominous signs on the horizon that governments want to move toward mandating "socially responsible investing" for pensions and fund managers. This is a terrible idea, to say the least. 

Read More
Shield icon wire