Austrian Economics
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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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De-Homogenizing Cryptocurrencies
For the past month, Bitcoin has reached a new all time high every week. On December 11, Bitcoin reached its all time high of over $17,000 per coin.
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EC Why We Should Worry About China
Chinese growth of 6.5% per annum came with more than 14% annual growth in money supply. Total debt has quadrupled since the financial crisis, and official messages of “measures to curb indebtedness” have shown a different reality.
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Asset Prices Are Prices Too
We live in inflationary times. Some people might consider this statement controversial. This is because these days inflation is widely understood as a rise in the consumer price index (CPI) of more than 2 percent per year.
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The Fed's Fantasy On Neutral Interest Rates
In her testimony to the Congressional Economic Committee on November 29, 2017, the Fed Chair Janet Yellen said that the neutral rate appears to be quite low by historical standards.
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The WTO: Useless For Trade, Useful For The State
The WTO’s end seems nearer now, and not a moment too soon. So it did a few years ago, though, and yet it lingers on because governments have a few reasons to keep it alive.
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Bitcoin Loses Steam As Steam Loses Bitcoin
It's not all good news for Bitcoin; in a notable decision, the digital distribution platform Steam has announced that it will no longer be accepting payment in Bitcoin.
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