Mises Institute
Monday, October 21, 2024
 
 
Money-Supply Growth Hit a 23-Month High, and the Fed Wants More
Ryan McMaken
Money-supply growth accelerated year over year in August by the largest amount in 23 months. The days of falling money supply growth rates are over.
 
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Who Starts Business Cycles? Banks or the Fed?
Jonathan Newman
Are Austrian economists clinging to an old-fashioned view of banking? In short, no, and here is why.
 
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What Was Mises’s Position on Fractional Reserve Banking?
 
Bob Murphy lays out the various camps in the debate over fractional reserve banking.
 
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Gresham’s Law: Why Bitcoin Will Save the World
 
Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.
 
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If Republicans Are Against Lawfare, They Shouldn’t Have Unleashed It
Had Republicans not vastly expanded federal criminal law during the infamous Wall Street prosecutions 40 years ago, lawfare would not have become such a potent political weapon.
 
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No Central Bank Wants to Stop Price Inflation
No interventionist government or central bank wants lower prices because inflation allows the government to increase its power while slowly breaching its monetary commitments.
 
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Ten Lessons on US Foreign Policy from Enough Already
In this review of Scott Horton’s book, Enough Already, we see that the wars the US has waged for the past quarter century in the Middle East have been a disaster.
 
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Secession is Libertarian
 
“The most unconventional thought in America today is liberty.” —Lew Rockwell
 
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How Inflation Destroys Civilization
 
Fiat inflation leaves a characteristic cultural and spiritual stain on human society. Guido Hülsmann takes a closer look at some aspects of this legacy.
 
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