Austrian Economics
Contributor's Links: Mises Institute

The Mises Institute exists to promote teaching and research in the Austrian school of economics, and individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. These great thinkers developed praxeology, a deductive science of human ... more

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Mark Thornton: Can The Fed Unwind?
Can quantitative easing—a roundabout form of monetizing debt—actually work? Can monetary policy make us rich? Or, are Fed officials just groping in the dark, putting off a day of reckoning? Jeff Deist and Mark Thornton unwind the narrative.
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Questions Remain As The Fed Finally Begins To Reverse QE
The Fed announced that it will finally begin the process of reversing quantitative easing. It will start allowing assets to mature off its balance sheet, rather than re-investing them as had been its prior policy.
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What Is The Correct Amount Of Money?
Most economists believe that a growing economy requires a growing money stock, on the grounds that growth gives rise to a greater demand for money, which must be accommodated.
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The World Is Creeping Toward De-Dollarization
The process of moving away from the dollar — prepared by Europe and triggered by China and Russia — can no longer be stopped. And as a “supra-national” reserve asset, gold plays an important role in it.
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With A Central Bank, Bank "Deregulation" Can Be A Bad Thing
Leading Federal Reserve policymaker Stanley Fischer has hit out at plans to unwind banking regulation, calling it a "terrible mistake."
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Slow Wage Growth Could Be Thanks To ‘Sticky Wages’
One of the central tenets of Keynesian economics is the concept of ‘sticky wages;’ the belief that wages, more so than other prices, are inherently inflexible and rigid, particularly in the downward direction.
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