Paul A. Cleveland

Articles

Negative Interest Rates: Rewarding Profligacy

05/12/2020 Mises Wire L. Dwayne Barney Paul A. Cleveland

Listen to the Audio Mises Wire version of this article. Presently there are trillions of dollars of bonds throughout the world with negative interest rates. This is an unprecedented turn of events...

Intermediate Macroeconomics: Teaching Business Cycles

12/30/2009 Mises Daily Paul A. Cleveland

I chose a neoclassical text that did a reasonable job of presenting Keynesianism, monetarism, and new classicism. What was missing, of course, was any reference to Austrian theory.

Obama and the Continuing War on the Poor

08/04/2009 Mises Daily Paul A. Cleveland

A mentor of mine, Clarence Carson, published a book in the 1970s entitled The War on the Poor. He took his title from Lyndon Johnson’s so-called “war on poverty.” Carson noted that actual wars are...

Media

Negative Interest Rates: Rewarding Profligacy

05/12/2020 L. Dwayne Barney Paul A. Cleveland

Why would an investor buy a bond that pays a negative interest rate? The answer lies in understanding how central banks manipulate the economy.

The Great Utopian Delusion

04/01/2016 Paul A. Cleveland

Paul Cleveland discusses his recent book, The Great Utopian Delusion.

Authors Forum: Unmasking the Sacred Lies

03/13/2009 Paul A. Cleveland

Paul A. Cleveland, Professor of Economics at Birmingham-Southern College, discusses his latest book, “Unmasking the Sacred Lies.” Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 12 March 2009. Introduction by Dr. Mark

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.