Government Regulation against “Monopolies” Only Lowers Our Standard of Living
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According to a popular way of thinking, monopolies undermine the efficient functioning of the market economy by being able to influence the prices and the quantity of products. Consequently, this undermines the well-being of individuals in the economy.
The COVID-19 Crisis Is Driving the EU to the Brink
Thanks to Lockdowns, State and Local Tax Revenues Are Plummeting
Money Supply Growth Surges to 92-Month High
Gun Control: Americans Have Been Lucky during the COVID-19 Panic, but It’s Still a Toss-Up
Finally Kicking the GDP Habit
As of April 4, Weekly Total Deaths Have Yet to Show a Nationwide Surge
How Markets Price a Pandemic—and How They Lower Risk
This Bust Wasn’t Caused by a Virus
Listen to the Audio Mises Wire version of this article.
On February 10 the stock markets were at all-time highs, with the Dow 30 at almost 30,000. The unemployment rate was at an all-time low and interest rates around most of the world were at all-time lows.
