Economics

High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout…

By Dr Frank Shostak By popular thinking, the role of the central bank is to navigate the economy along the so-called path of economic…

Jim Grant, editor of Grant’s Interest Rate Observer, warns of the rampant speculation in the stock market. He worries that the central banks are…

The vast majority of Mises Wire readers are already familiar with the Austrian business cycle theory. For those who are not, it is an Austrian perspective…

By Dr Frank Shostak By most commentators, since the early 1980s, correlations between various definitions of money and national income have broken down. The…

By Dr Frank Shostak One of the mandates of the Fed is to attain price stability. It is held that price stability is the…

The event in Vienna two weeks ago went very well; there were lots of interesting lectures with speakers from around the world. We gave…

It is only now becoming clear to the investing public that the purchasing power of their currencies is declining at an accelerating rate. There…

The financial covid crash of 2020 came and went in a month as the US government threw every monetary and fiscal trick it had at…

By Dr Frank Shostak Resources that are utilized to promote economic prosperity in normal times become underutilized during recessions. Some experts are of the…