Mises Wire

President Bill Clinton’s favorite "freedom fighter" in Kosovo just got indicted for mass murder, torture, kidnapping, and other crimes against humanity.

There's more saving and less spending. This would bring deflation, but there's a catch: we're making less stuff, which means more money chasing fewer goods.

Berns thinks America has a fundamental problem: he believes not enough people in America are willing to sacrifice their lives to the state.

More threatened COVID lockdowns, and thus more bailouts and explosions of deficit spending, do not bode well for the global economy. 

Protectionism is often most damaging when it prevents entrepreneurs from accessing products and services that would have increased domestic capital and worker productivity. The result is poorer workers and less productive domestic industry.

False positives and false negatives remain a very large problem. Our current testing regime has alarmed the planet without contributing a health benefit.

Paul Krugman famously predicted in 1998 that the internet would prove to be no more important than the fax machine. This error proceeds straight from his lack of economic understanding.

From rent to jobs, to marriage, government regulations are incessantly raising the cost of doing business. 

Every major scientific advance challenged the “settled science” of its day and was often denounced as pernicious and false, even dangerous.

MMT starts to make a little more sense when thinking of it as comparable to money systems used under the USSR and the old Soviet Bloc.