Would Stress Tests Have Prevented the Failure of SVB? Probably Not
While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.
While progressives are claiming the collapse of Silicon Valley Bank was due to poor regulation, the real problem is the easy money policy of the Fed.
Democratic politicians and supporters are cheering the Trump indictment, but the entire process has been so politicized that its legitimacy is easily called into question.
Political money is unsound money, and while civilization cannot exist without sound money, it can do without predatory government.
Robert Mugabe, once president for life of Zimbabwe, became infamous for hyperinflation and political repression. Today, he is becoming the patron saint of central banking.
I've received a few questions recently about submission guidelines for the Mises Wire, so here are the guidelines.
Philosopher Susan Neiman may be a leftist, but she recognizes the dangers of woke progressivism.
Defense funding policies are increasingly influenced by weapons contractors who benefit mightily off the sweat and toil of the American taxpayer.
Some economists have tried to apply psychology to economic analysis, but psychology is not what drives economic activity.
Elizabeth Warren blames lack of regulation for the latest banking crisis. But she believes that the easy money regime that is really causing the crisis is perfectly fine.
Money proper is not artifice. It is a physical "thing" of value, acquired through labor and emerging out of the needs of individuals, who through voluntary exchanges determine its value.