Christine Lagarde, Managing Director of the IMF, revealed that it was a "a bit of a surprise" that she was not informed in advance of the Swiss National Bank's decision to dissolve the the inflationary peg with the euro.
The Mises Institute of Sweden has translated two recent Mises.org articles into Swedish.
The 2015 Houston Mises Circle, "Breaking Away: The Case for Secession" begins this Saturday morning. Watch all the lectures online, live from Houston.
Numerous Mises Institute Scholars gathered for the the first Ludwig von Mises Seminar in Germany
Economic discourse is desperately in need of Austrians. Note that I say Austrians rather than Austrian economics. Economics would certainly have much to gain from adopting Austrian economics, but even in the current "Austrian-less" state of economics they would benefit greatly from including Austrians. The reason for this is Austrians' fascination for, understanding and application of deductive logic, which separates them (us) from all other schools of economic thought.
The lesson is clear. If Switzerland can retake control of its money, so can any eurozone nation.
A surprise move from Switzerland’s central bank (SNB) sent stock markets into panic today. In just a few minutes, the value of the Swiss franc rose by 30 percent, FTSE 300 dropped by 2 percent, Wall Street futures turned negative, and the recent feeble rise in commodity prices was reversed.
Are you required to use dollars for all transactions in the United States? What about legal tender laws?
