Mises Wire

Mises on the Velocity of Circulation

Monetary Theory

Blog07/07/2020

In this short essay recently found in the Mises Institute Archives, Mises goes over the basics of monetary theory and shows why the concept of velocity of circulation is useless for understanding changes in the purchasing power of the monetary unit.

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Mr. Trump, Don't Deploy the Military to American Cities without Their Consent

Blog06/03/2020

Some conservatives insist on calling for the president to deploy troops to pacify rioters even without the consent of state governments in affected areas. If this happens, it will be yet another nail in the coffin of the principles of decentralization, subsidiarity, and limited federal power....

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Minneapolis Riots Are a Reminder That Police Don't Protect You or Your Property

Legal SystemThe Police State

Blog05/29/2020

Police are not legally obligated to provide protection from criminals. Nor are they motivated to go after hardened criminals or investigate violent crime. Self defense (or private security) is the only reliable option.

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Money Supply Growth in April Ballooned to a New High

Money Supply

Blog05/18/2020

Fueled by unprecedented quantitative easing, central bank asset purchases, and various stimulus packages, the money supply growth rate ballooned in April to an all-time high.

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Money Supply Growth Surges to 92-Month High

Money Supply

Blog04/20/2020

During March 2020, year-over-year (YOY) growth in the money supply was at 11.37 percent. We're now seeing a trend similar to what we saw during late 2008 and early 2009.

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More than Half of All US COVID-19 Deaths Occur in Only Four States

Blog03/25/2020

The effects of COVID-19 are not evenly distributed in the United States. Only certain regions are facing sizable strains on their resources. A nationwide lockdown would create huge economic costs for regions where the the costs of disease have been relatively low.

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Money Supply Growth Climbs to 37-Month High

Money Supply

Blog03/17/2020

The money supply metric is following the usual pattern that precedes a recession and economic crisis.

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Mises: To Adopt Keynesian Terminology Is to Legitimize It

InflationLabor and WagesMedia and Culture

Blog02/29/2020

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation at the Mont Pèlerin Society meeting at Princeton, New Jersey, on September 11, 1958.

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