Myths Behind the War on Cash
The social advantages of eliminating physical cash are minimal, and economists tend to ignore the many costs that a cash ban would create.
Mises Wire
Canadian Interest Rates Set to Rise?
The team at the Bank of Canada has confused cause and effect once again.
Jim Grant Explains the Gold Standard
Jim Grant: Our current monetary system "is the financial counterpart to the philosophy of statism."
Time to Cash Out of the Banking System?
Uh-oh. Chairman Yellen assured us today that she does not believe that there will be another financial crisis "in our lifetimes."
Is America Really Coming Apart, As Charles Murray Suggests?
A recognition that politics won't solve America's cultural divide means even some conservatives are embracing more radical decentralization.
A Look at Uncertainty in the UK, Post-Election
It's becoming increasingly clear the Bank of England is sticking to an uncomfortably aggressive quantitative easing program.
Yes, the Fed Really Is Holding Down Interest Rates
The empirical evidence is clear: the Fed is pursuing an expansionist monetary policy — and the economic benefits have been disappointing at best.
The Money-Velocity Myth
Velocity has nothing to do with the purchasing power of money.
The Danger of “Public” Education
The key issue in the entire discussion is simply this: shall the parent or the State be the overseer of the child?
Will the Work Day Shrink to Four Hours?
How many hours a job requires depends on the nature of the work. In other words, work is highly heterogeneous.
