Mises Institute

• What Is the Correct Amount of Money?
  By: Frank Shostak 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. Failing to do so, it is maintained, will lead to a decline in the prices of goods and services, which in turn will […]
• Trump's China-Sanctions Madness Imperils the Dollar
  By: Ryan McMaken Last week US Treasury Secretary Steve Mnuchin warned the US will impose new sanctions on China if it doesn't conform to UN sanctions on North Korea:"If China doesn’t follow these sanctions, we will put additional sanctions on them and prevent them from accessing the U.S. and international dollar system, and that’s quite […]
• Let Catalonia Decide
  By: Jeff Deist Should Catalonia be independent?Surely Catalans, and nobody else, must answer that question. Some Catalans consider themselves Spanish and some don’t. Many Spaniards consider Catalonia part of Spain, while some don’t. But it’s clear that a significant number of Catalans feel politically conquered, and resent it. Why should they live under a Spanish […]
• Passchendaele: A Century after the Horror
  By: Matthew McCaffrey The period July to November this year marks the centenary of the Battle of Passchendaele. In a war already overflowing with misery, Passchendaele remains a byword for unspeakable suffering; it was one of the most appalling campaigns of the First World War, claiming almost half a million casualties and inflicting lifelong physical […]
• The World Is Creeping Toward De-Dollarization
  By: Ronald-Peter Stöferle The issue of when a global reserve currency begins or ends is not an exact science. There are no press releases announcing it, and neither are there big international conferences that end with the signing of treaties and a photo shoot. Nevertheless we can say with confidence that the reign of every […]