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Mises Wire
We’re All Talking about Inflation, but Deflation May Also Be on the Way
When prices fall as a result of rising wealth that's good news. But deflation is also good news when it follows the bursting of a financial bubble caused by money creation.
The Bank of Canada’s Failed Mission to “Preserve the Value of Money”
The Bank of Canada's stated mission is "to preserve the value of money by keeping inflation low and stable." Yet, the BOC works to inflate away the value of Canadians' purchasing power every single day.
The Rise of the Sovereign State
The first myth one has to debunk: that the state is merely a natural and organic outgrowth of political power, as old as the history of mankind or of organized society.
This Professor Hates the Austrian School. But He Clearly Doesn’t Know Much about It.
Larson's principal targets are Friedman and Hayek, but Mises and Rothbard are not spared. For Larson, promarket economists aren't just wrong. They're bad people.
The US Misery Index Shows How Weak This Recovery Is
This is not a strong economy, it is a disaster waiting to happen as inflation remains elevated. Even the Federal Reserve now admits inflationary pressures are “persistent.”
The Heroic Draft Dodgers of the American Civil War
Not all of America’s young men of the North bought into the federal propaganda. When the federal government was forced to resort to a military draft, many Americans resisted.
Austrian Axioms 101
Austrian economics begins with universal axioms.
Housing Hubris: Can Home Prices Spiral upward Forever?
The causes of today's skyrocketing housing prices are different in many ways from what happened in 2008. But that doesn't mean we're barreling toward a happy ending.
Monetary Policy Is in Turmoil
From the point of view of present-day standard macroeconomics, monetary history is a succession of technical changes to facilitate an increasingly large inflation of the money supply.
