View this email in your browser

June 27, 2020
Mises Institute

By Robert Blumen

Are Fractional Reserve Bank Deposits Money?

It is possible to conceive a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.

READ ARTICLE

By David Gordon

Rothbard on Substitutionism

Rothbard has explained how it is wrong to equate what would be reasonable for a private protection agency with what is permissible for the state.

READ ARTICLE

By Kristoffer Mousten Hansen

The Austrian "Credit Money" Craze of 1920

After the Great War, Austrian cities and towns began issuing their own money. The Germans tried something similar, but without the voluntary and decentralized aspects of the Austrian model. German disaster ensued.

READ ARTICLE

MISES WIRE AND
POWER & MARKET


Not Yours to Give by David Crockett

A Never-Ending Story of Bailouts, Moral Hazard, and Low Economic Growth by Klajdi Bregu

The Corona Crisis Could Bring a New Era of Decline for American Core Cities by Ryan McMaken

Why Central Banks Are a Threat to Our Savings by Frank Shostak

New Colorado Police Reform Ends Cops' Qualified Immunity and Sidesteps Federal Courts by Ryan McMaken

MMT: Not Modern, Not Monetary, Not a Theory by Jeff Deist

The Forgotten Greatness of Rothbard’s Preface to Theory and History by George Pickering

The State: The Deadliest Virus by Jesús Huerta de Soto

Why the Central Bank "Bailout of Everything" Will Be a Disaster by Daniel Lacalle

A Review of Stephanie Kelton’s The Deficit Myth by Robert P. Murphy

Repealing Useless and Abusive Laws Might Do More Good Than "Defunding" the Police by James Bovard

Did (Classical) Liberalism Fail? If It Had, Things Would Be Much Worse Than They Are by Ryan McMaken

How the Monopoly Power of Police Agencies Encourages Abuse by Bradley Thomas

Central Bankers Will Bring Us Economic Stagnation by Sam Peterman

AUDIO MISES WIRE


MMT: Not Modern, Not Monetary, Not a Theory

The COVID Panic Canceled Many Graduation Speeches. Thank Goodness.

Why Mises Opposed Both Eugenics and Social Darwinism

Does the Free Market Corrupt People?

Central Bankers Will Bring Us Economic Stagnation

Goverment-Subsidized Technology Won't Save China's Economy

Abolishing the Police Won't Mean Abolishing State Violence

Bastiat Leads the Way on the Morality of Forced Lockdowns

The Quantity Theory of Money and the Equation of Exchange

The Employment Situation Is Still a Disaster
 


THIS WEEK'S PODCASTS


Economics for Entrepreneurs: Sanjay Yadav on the Process-Based Skills of Negotiation

The Bob Murphy Show: Common Errors in Cost/Benefit Justifications of the Coronavirus Lockdowns

The Bob Murphy Show: The Right Way to Defund the Police, and an Eyewitness Account of the Capitol Hill Autonomous Zone (CHAZ)

The Accad & Koka Report: Marilyn Singleton on the Hidden Story of Black Physicians in America
Donate Today
Facebook
Twitter
Instagram
YouTube
RSS

You are receiving this email because of your interest in the Mises Institute.
Read More at Mises.org | Subscribe | Add us to your address book 

Our mailing address is:
Mises Institute
518 West Magnolia Avenue
Auburn, Alabama 36832

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.