What Do Supply and Demand Curves Really Tell Us? Not Very Much
It is commonly held that prices of goods and services can produced by means of supply and demand curves. These curves describe the relationship between the prices and the quantity of goods supplied and demanded. Within the framework of supply-demand curves,
Fed Socialist Money Manipulation Cancels Individuals’ Better Judgment
When a person is free to work, shop, and invest, he brings to each task his knowledge from doing the other tasks. As he works, he has a sense of what it takes to please customers, because he’s also a
Austrian Economics Makes Managers Better
Recorded at the Arizona Biltmore Hotel in Phoenix, Arizona on October 7th, 2022.
The Turkish Way
Turkey's economy is reeling under inflation rates likely reaching 170 percent. Not surprisingly, the worst of it is felt by regular people just trying to make a living. Original Article: "The Turkish Way" This Audio Mises Wire is generously sponsored by Christopher
Bernanke’s Sordid Nobel Prize
Dr. Bob Murphy and Jeff Deist discuss the nauseating elevation of former Fed Chair Ben Bernanke to Nobel Prize winner.
The Left’s Attacks on Mises Continue to Miss
Matt McManus, a lecturer at the University of Michigan, has published in Jacobin an article under the less-than-engaging title “Ludwig von Mises Was a Free-Market Ideologue, Not a Hardheaded Thinker.” In the article, McManus raises some points of philosophical interest,
Edward Chancellor’s Much-Needed (But Not Heeded) Wisdom on Interest Rates
The subject of time and money has hit a boiling point. Just look at Sri Lanka and Iran, where food riots have turned deadly, or, shall we say, currency riots have. People can’t buy food, and “protesters angry at the
Does Bank Lending by Itself Set Off Boom and Bust Cycles?
What happens when banks lend money? It depends the lending process itself. If lending comes about because of an expansion of credit, then it creates problems. Original Article: "Does Bank Lending by Itself Set Off Boom and Bust Cycles?" This Audio Mises