Economic Data Without Good Economic Theory Is Useless
Empirical data is useful as historical information. But to interpret the data, we require good economic theory.
Mises Wire
Money-Supply Growth Hits 36-Month High
Money supply growth reached a three-year high in July.
Central Banks Hold Steady in August, No Sign of Rate Hikes
It's become apparent that central bankers are afraid to do anything except hold rates steady, or, in the case of the UK, push rates even lower.
The Fed Plans for the Next Crisis
The Fed is busy coming up with new ways to "stimulate" and manipulate the economy.
The History of Capitalism
The development of capitalism consists in everyone's having the right to serve the customer better and/or more cheaply.
Krugman versus Krugman: Tax Rates versus Tax Revenues
When it comes to the effects of taxation, Krugman the economist appears to disagree with Krugman the New York Times columnist.
Why Governments Want a Central Bank-Issued Digital Currency
Threatened by the existence of private digital currencies, central banks are looking to create some of their own.
Stranger Things and the Monstrous State
The unspeakable evil from the Upside Down is small-time compared to the government that summons it.
Central Banks May Choose Helicopter Money Over Negative Rates
Negative interest rates have proven to be unpopular with the public. But the central banks have other strategies up their sleeves.
Equality and The American Democrat
James Fenimore Cooper, America's first national novelist, saw real danger from the impulse toward majority rule as a panacea for every complaint.
