Currency war means currency suicide
What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.” National…
Read MoreGermany
The constant taking of the soft political option
“On October 15, the mark’s rate against the pound passed 18 milliards. On October 21, after the mark had moved in three days from…
Read MoreGold reserve mysteries
Last Wednesday the Bundesbank released a statement to the effect that 300 tonnes of Germany’s gold will be moved from New York and 374…
Read MorePatrick Barron on the eurozone’s future
Episode 86: Professor Patrick Barron is an Austrian School economist who teaches courses in banking and economics at the University of Wisconsin-Madison and the…
Read MoreWhat’s wrong about the euro, and what is not
Every Monday morning the readers of the UK’s Daily Telegraph are treated to a sermon on the benefits of Keynesian stimulus economics, the dangers of belt-tightening…
Read MoreGerman gold
The greatest threat to worldwide prosperity is the collapse of what remains of free-market capitalism. Not depletion of scarce natural resources. Not environmental degradation….
Read MoreA golden path: reply to Professor Cochran
In his recent Mises Daily article “Fool’s Gold Standards“, John P. Cochran warns his readers against accepting any monetary reform less than that of money created…
Read MoreGuido Hülsmann on Mises’s invaluable legacy
Download audio file: Guido Hülsmann on Mises’ invaluable legacy (29:45 min) Episode 63: 2012 marks the centennial of the publication of one of the Austrian School of economics’…
Read MoreHope springs eternal
The minor uptick in China’s ‘flash’ PMI estimate for October – from 47.9 to 49.1 – has sparked the usual explosion of uncritical hopefulness…
Read MoreA golden opportunity
The euro debt crisis in Europe has presented Germany with a unique opportunity to lead the world away from monetary destruction and its consequences…
Read More