Money's main job is simply to fulfill the role of the medium of exchange. Money doesn't sustain or fund real economic activity. The means of sustenance are provided by saved real goods and services.
Federal surveys that measure "food insecurity" are so hopelessly skewed, as to be useless.
Register here for our upcoming Mises Circle in Stamford, Connecticut, on Thursday, May 7.
Professor Joseph Salerno, Academic Vice President at the Mises Institute, was installed to the new Peterson-Luddy Chair in Austrian Economics on March 13, 2015 at the 2015 Austrian Economics Research Conference.
Like a good guy in an old Western determined to put things aright, George Selgin has once again arrived on the scene shooting from the hip--an
Lee Kuan Yew , who led the successful effort to turn Singapore into a economic and financial powerhouse, died Monday at age 91.
"Financial Repression is the name we give to all the different government interventions in which governments seek to improve their own bargaining position with financial markets."
It was just a matter of time before Western governments used the trumped up “War on Terror” as an excuse to drastically ratchet up the
All the named lectures from this year's Austrian Economics Research Conference
Mises Daily Friday by Edin Mujagic:
Data from Japan, Spain, Greece, and the Netherlands all suggest that deflation is not the disaster many economists suggest it is. In fact, there's good reason to believe that economies really start to take off when prices fall the most.
