The Coming Regime of the ECB: Radical Centrism
There is a changing of the guard at the European Central Bank this year with two important new appointments. Philip Lane, the governor of…
For a Virtuous Free Trade: Edmund Burke’s Economic Vision
The following excellent piece is by Kai Weiss, a Research Fellow at the Austrian Economics Center. Download the Study For a Virtuous Free Trade Here Summary Edmund Burke is…
Huawei and the Damaging U.S.-China Trade War
by Junhua Zhang On June 15, 2019 President Xi Jinping celebrates his 66th birthday. Even if the date remains a state secret, many China…
Mises on 100-Percent Reserve Banking
By Edward W. Fuller Economists debate whether Ludwig von Mises advocated free banking or 100 percent reserve banking. This debate is significant. Mises states, “the…
Antitrust’s Sordid History
By Donald J. Boudreaux As the 100th anniversary of the passage of the 1890 Sherman Antitrust Act approached, Robert Bradley wrote a book that included…
The World Is Growing Tired of Government-Controlled Fiat Currencies
Source: https://mises.org/wire/world-growing-tired-government-controlled-fiat-currencies Listen to the Audio Mises Wire version of this article. Here in the U.S. the financial markets are focusing on Fed Chair Jerome Powell’s herky-jerky monetary…
Freedom Works in Switzerland
by Henrique Schneider In 2018, the Swiss economy grew 2.5 percent. For 2019, the Federal Expert Group for economic forecast expects it to expand…
Benn Steil: Trump’s Tariffs Are Killing American Steel
“Our Steel Industry is the talk of the World,” President Trump tweeted in September. “It has been given new life, and is thriving.” Yet nearly…
The ECB’s Quantitative Easing Was a Failure — Here Is What It Actually Did
By Daniel Lacalle The main reason why the ECB quantitative easing program has failed is that it started from a wrong diagnosis of the eurozone’s…
The Fed Is Tightening More Than It Realizes
by Benn Steil and Benjamin Della Rocca at CFR https://www.cfr.org/blog/fed-tightening-more-it-realizes Before the 2008 collapse of Lehman Brothers, the Fed’s balance sheet stood at $925 billion—mostly U.S. Treasury securities. After…