Mises Wire

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?

The Mercatus Center at George Mason University has just launched the Program on Monetary Policy under the direction of Scott Sumner.

Nicolas Cachanosky has recently released a very timely and well thought out working paper, which should be of interest to all those serious about limiting the harm central control of money unleashes on economic activity.

Mr. Selgin was one of the first Mises Institute Fellows in the early 1980s. He recently posted an essay detailing his history with the modern school of Austrian economics.

One by-product of the Paris terrorist attack on Charlie Hebdo was an outpouring of support for freedom of speech.

EcPoFi recaps last year's development of the True Money Supply (TMS), a monetary aggregate developed by Murray Rothbard and myself in the 1980s.

While insisting on prison and fines for peaceful Americans who only wish to engage in free trade, supporters of embargoes like the Cuban embargo have never made a convincing case for why taxpayers, merchants, and consumers should be forced to forego their property rights and bear the costs of the embargo’s war on free trade.