Paul A. Cleveland

Latest work

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...

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.

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.

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