Mises Search

Apparently it was published over a month ago, but I only now discovered that big “O” Objectivist (ARI-affiliated) economist Richard Salsman published a review of Alan Greenspan on Capitalism Magazine’s web site. In some ways his review is pretty good, but in other ways it is very confused. I have previously described how many ARI-affiliated

Via the Economics Focus[Not available online for non-subscribers] of the latest The Economist I found out that the Bank of International Settlements, which is a international organization for central banks , have published a working paper which is surprisingly good, considering who published it. I haven’t had time yet to read it through carefully,

Today is May 17th, Norway’s national day, celebrating its independence from Sweden in 1905. I have today posted a article on Der Invest Informer about how Norway, being the world’s third largest oil exporter with its de facto forced savings policy of recycling all oil revenues in foreign securities contrbute to global

I have a new article on the recently decided consumption tax (VAT) increase by the German government, where I point out how this will have a negative effect on Germany’s already weak economy and that Germany’s large budget deficit should be solved by lower spending instead. Germany should learn from the experience of Japan, whose VAT increase in

Bloomberg News notes increased nervousness among traders that the Fed will “fall behind the curve” after comments from Ben Bernanke that indicated the Fed might pause in its rate hike campaign soon. The market have reacted by raising the spread between regular 10 year securities and the TIPS to a record 2.68% (Still unrealistically low spread in

I have previously accused supply-siders (See for example here and here ) of having a double standard over their inflation indicators, such as gold and commodity price indexes, choosing to ignore them when they -as they do now- show significant inflation. Both gold and various broader commodity price indexes have increased sharply in the last few

China again raises reserve requirements of banks . This was the fourth time in just seven months that they did this. If they keep this up, fractional reserve banking might be ended in China soon! No, not really perhaps, but it is clear that Chinese leaders are increasingly anxious to rein in credit expansion, especially since they’ve also imposed

In my view, the most important Austrian theory is Austrian business cycle theory (ABCT). Understanding that is of enormous importance in understanding financial market movements and swings in economic growth. But although ABCT (albeit in a perhaps modified form) have gained increasing support in leading institutions and publications such as the

Today on LRC, I explain why high taxes makes black market nannies and other black market activities necessary and why the assertion of a statist Christian leader in Sweden that black market activities constitute theft is

Neocon Jonah Goldberg writes about how government intervention to solve problems creates new unintended problems, in these cases campaign-finance laws and how obesity has been increased by the anti-tobacco crusade and feminism. He attributes it to late Senator Patrick Moynihan, but he could have mentioned Mises as well. He of course do not want to