Mises Wire

Japanization: 30 Years of Failed Economic "Stimulus"

Labor and WagesMonetary PolicyWorld History

Real wages in Japan have been declining thanks to decades of expansionary monetary and fiscal policies. Now "Japanization" increasingly looks like a fate that awaits Europe.

Read More

July Money-Supply Growth Rate Climbs to Six-Month High

Money Supply

Blog08/30/2019

In July, year-over-year growth in the money supply was at 2.19 percent. That was up slightly from June's rate of 1.98 percent, but was well down from July 2018's rate of 4.07 percent.

Read More

June Money-Supply Growth Falls to Third-Lowest Growth Rate Since 2007

Money Supply

Blog07/23/2019

In June, year-over-year growth in the money supply was at 1.98 percent. That was down slightly from May's rate of 2.10 percent, and was well down from June 2018's rate of 4.30 percent.

Read More

Japan's Lasting Stagnation Is Hidden Behind Government Statistics

Global EconomyBusiness Cycles

Creative design of statistics cannot solve the persistent crisis. The core of the problem lies in a misguided economic policy that zombifies the Japanese economy and thus undermines prosperity.

Read More

Juan de Mariana on Creating Money Out of Thin Air

Blog05/15/2019

When governments resort to unbacked fiat currency, a many-layered swindle lies hidden behind the appearance of a quick fix.

Read More

John Law and the Mississippi Bubble – 300 Years Later

Money and BanksMoney and Banking

Blog09/08/2018

John Law's disastrous Mississippi Company bubble can still instruct us today.

Read More

Jeff Sessions's Drug-War Fanaticism Shows a Growing Gap Between DC and the States

Decentralization and SecessionLegal SystemU.S. History

Blog07/26/2017
As states increasingly resist federal mandates on guns, drugs, and immigration, Jeff Sessions in DC has announced it's full speed ahead.
Read More

Jim Grant Explains the Gold Standard

Money and BanksU.S. HistoryMoney and Banking

Blog06/27/2017
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."
Read More
Shield icon wire