Mises Wire

Why Do Economists Make so many Arbitrary Assumptions?

Blog05/16/2018
Various assumptions employed by mainstream economists appear to be of an arbitrary nature. The assumptions seem to be detached from the real world.

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Argentina Sells Baloney for a Bailout

05/09/2018Power & Market

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The Neglect of Bastiat's School by English-speaking Economists

History of the Austrian School of EconomicsOther Schools of ThoughtPhilosophy and Methodology

05/09/2018Mises Daily Articles
The image of Bastiat's school that has been handed down in the Anglo-American doctrinal literature is one that has been deliberately distorted by its doctrinal enemies and is in desperate need of extensive revision.

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A Policy of Price Stability Leads to Instability

Money and BanksMoney and Banking

Blog05/09/2018

Money is not neutral, and changes in the money supply set into motion a variety of unpredictable movements. 

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Argentina Has a Chronic Problem with Monetary-Policy Failure

Money and BanksMoney and Banking

Blog05/08/2018

Argentina's president Mauricio Macri has been as bad as, if not worse than, his left-wing populist predecessor on the inflation front.

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How To Calculate the Money Supply

Money and BanksMoney and Banking

Blog05/07/2018

In this interview, Joseph Salerno discusses how he and Murray Rothbard developed a better measure of the money supply. 

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The Austrian School's Critique of Marxism

History of the Austrian School of EconomicsOther Schools of Thought

05/05/2018Mises Daily Articles
Marxism was never a good idea "in theory." As Mises explained, it is a mess both in theory and in practice.

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What Determines a Currency Exchange Rate?

Money and BanksMoney and Banking

Blog05/02/2018

As far as the currency exchange rate determination is concerned, the essential variable is the relative changes in the purchasing power of various monies. 

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Amity Shlaes on Silent Cal

U.S. History

04/27/2018Audio/Video
Historian Amity Shlaes makes the libertarian case for Calvin Coolidge.

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The Keynesian Multiplier Is an Illusion

Money and BanksMoney and Banking

Blog04/27/2018

Keynes's writings remain as influential today as they were 80 years ago. Isn't it time for a re-evaluation?

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