Mises Institute

The Water "Shortage"

Blog1 hour ago

All goods and services are scarce, and government intervention has never changed this reality.  The scarcity of water is nothing new, nor is it an impossible conundrum for markets. 

Lockdowns and Vaccine Mandates: China's Most Successful Exports?

Blog4 hours ago

The West's rush to embrace the Chinese regime's bizarre lockdown method of disease control exposed just how little Western regimes actually care about human rights or the rule of law.

Four Reasons the Next Recession Will Be Worse Than the Last One

Blog9 hours ago

Economic fundamentals are weaker today than when the Great Recession began. And the Fed has less room to maneuver. This suggests the next crisis will be even bigger than the last one. 

Biden's Vaccine Fiat Forges a Fascist Pharma Corporate State

09/09/2021Power & Market

Requiring businesses to force vaccines on workers—vaccines from only three state-subsidized corporations—is surely a merger of state and corporate power that Mussolini would have loved. 

The Illusion of American Exceptionalism

09/09/2021The Austrian

Bacevich criticizes the outsized role of American intervention overseas, but he goes a step further and questions the old conventional narratives too, going all the way back to World War I. 

How to Cheat with Cost-Benefit Analysis: Double Count the Benefits

Blog09/09/2021

Calculating "multiplier effects" is perhaps the most common method of cheating with benefit-cost analysis. 

Paul Krugman’s Austrian Obsession

Blog09/09/2021

Paul Krugman recently used his column to attack Austrian economics—yet again—but his attacks rely mostly on myths, poor reasoning, and misinformation. 

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