Capital: It's so easy to infuse it!

Tags: Capital and Interest Theory, Interventionism

12/13/2007 Mises Wire Jeffrey A. Tucker

A day after the Federal Reserve disappointed investors with a modest cut in interest rates, central banks in North America and Europe on Wednesday announced the most aggressive infusion of capital into the banking system since the terrorist attacks of September 2001.

And it makes you wonder why they don't do a one-time zillion dollar infusion of "capital" and make the whole world wealthy forever.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

What Is The Mises Wire?

Mises Wire offers contemporary news and opinion through the lens of Austrian economics and libertarian political economy.

Submitting articles to Mises Wire

Reprints, Permissions & Copyrights

The views expressed on Mises Wire and mises.org are not necessarily those of the Mises Institute.

Subscribe to the Mises Wire

Latest Articles

Countering the Neoconservative Defense of the British Empire

04/22/2024 Mises Wire Martin George Holmes

One of the worst novels of the nineteenth century, aesthetically and politically, is Julius Vogel’s Anno Domini 2000 (1889). It is stylistically absurd because the author was a statesman with no...

Can There Be Justice Outside of the State? Yes

04/22/2024 Mises Wire Rowan Parchi

People tend to think of a fair justice system as one of the cornerstones of a free and flourishing society. Yet most of us are resigned to the idea that it can only be delivered at the hands of the...

On Immanuel Kant’s 300th birthday: Kant’s Epistemology and Its Influence on Ludwig von Mises’s Praxeology

04/22/2024 Power & Market Thorsten Polleit

300 years ago, on April 22, 1724, the German philosopher Immanuel Kant was born in Königsberg, East Prussia. He is not only an outstanding historical figure in philosophy, but Kant’s profound...

We Need to Do with the State What We Have Done to Slavery

04/22/2024 Mises Wire George Ford Smith

This article is based on chapter 8 of my 2020 book , Do Not Consent: Think OUTSIDE the Voting Booth. If someone asked you to define “free market,” could you? Could you do it on the spot without...

Is Libertarianism Just Another Form of Critical Theory?

04/20/2024 Mises Wire Djordje Bokun

There’s no shortage of ill-informed criticisms of libertarian theory across all sides of the political spectrum. To most leftists, the libertarian is selfish, greedy, elitist, disdainful of the poor...

Meet the Writer

Jeffrey A. Tucker

Jeffrey A. Tucker is the founder of the Brownstone Institute and an independent editorial consultant.

Mark Twain's Little Societies of Exchange

05/20/2021 Journal of Libertarian Studies Jeffrey A. Tucker

Samuel Clemens was an old-style liberal of the 19th century sort who believed in economic liberty and warned about the depredations of state power. The failure of many critics to understand the old...

Surrounded by the Achievements of Capitalism

10/08/2014 Jeffrey A. Tucker

Private property enabled all growth. Division of labor found employment for each man. Exchange is a win-win action. Risk taking tests ideas. Capital accumulation as production to make other things. The desire for a better life and the belief that it can happen.

Subscribe to our Mailing Lists

What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member