Statistics and the facts of economic reality
byThe government’s releases of various economic indicators such as GDP, CPI and unemployment receive wide coverage in the media. In a measured and…
Forget velocity of money circulation
byIf there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity…
Paul Krugman’s Predictions about “Austerity” Aren’t Aging Well
byPaul Krugman’s arguments do not fare well against evidence in a new book written by economists Alberto Alesina, Carlo Favero, and Francesco Giavazzi titled,…
Is deflation about general decline in prices?
byFor most experts deflation is bad news since it generates expectations for a decline in prices. Because of this it is held, consumers…
Antitrust’s Sordid History
byBy Donald J. Boudreaux As the 100th anniversary of the passage of the 1890 Sherman Antitrust Act approached, Robert Bradley wrote a book that included…
Trade Wars, the prospects for freer trade and the impact on asset prices
byWill the Sino-US trade war breed contagion? Will the dispute trigger a global recession? Has the era of freer trade ended? Will asset…
The World Is Growing Tired of Government-Controlled Fiat Currencies
bySource: https://mises.org/wire/world-growing-tired-government-controlled-fiat-currencies Listen to the Audio Mises Wire version of this article. Here in the U.S. the financial markets are focusing on Fed Chair Jerome Powell’s herky-jerky monetary…
***Very Important: Help to Preserve Richard Cobden’s House***
by**** Message from Nick Cobden Wright, descendent of Richard Cobden **** Help us save Dunford House the birthplace and home of Richard Cobden…
The balance of payments myth
byIn March, the US trade account balance stood at a deficit of $50 billion against a deficit of $49.28 billion in February and a…
Should the Fed tamper with the quantity of money?
byMost economists are of the view that a growing economy requires a growing money stock, because economic growth gives rise to a greater…