Mises Daily : Mises Institute on Austrian Economics and Libertarianism

Bailing Out Banks Is Inflationary

Wed, 22 Feb 2012 01:38:00 -0600

It seems that investors have been increasingly losing confidence in banks' ability to live up to their payment obligations under "normal" market conditions and to generate sufficient profits going forward. Eurozone bank stocks have lost 71 percent of their value since the start of 2007.

The Transition to Monetary Freedom

Wed, 22 Feb 2012 01:39:00 -0600

Any attempt at restoring monetary freedom must be part of a comprehensive plan to roll back government.

Fundamentals of Human Action

Tue, 21 Feb 2012 01:39:00 -0600

The law of returns; convertibility and valuation; labor versus leisure.

Mankiw vs. Rothbard on Tax Reform

Tue, 21 Feb 2012 01:39:00 -0600

A Rothbardian perspective shows that even many of today's free-market economists concede too much to the government when discussing tax reform.

The Government and the Currency

Mon, 20 Feb 2012 01:39:00 -0600

In many countries the emergence of the gold standard was effected by the operation of Gresham's law.