Will It Take Food Shortages to End Support for the Shutdown?
BBC images from India show the human toll of the coronavirus shutdown. Americans should take note, and soon.
Podcast
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Government Regulation against “Monopolies” Only Lowers Our Standard of Living
The whole idea of government regulating so-called monopolies in order to promote competition is based on fallacies. If anything, such intervention only stifles market competition and lowers living standards.
What to Make of J.P.A. Ioannidis?
Accad, Koka, and guests discuss the controversies surrounding the COVID-related opinions and research findings of John. P.A. Ioannidis, the notorious Stanford data scientist and physician.
Refuting Some Economics Fallacies Related to the Corona Crisis
Bob Murphy tackles some Keynesian and MMT fallacies that have resurfaced in light of the response to the coronavirus.
Ending the Lockdowns Isn’t about Saving Money. It’s about Saving Lives.
"Saving lives versus saving money" comparisons confuse ends with means. The end of saving the economy is not to have more money. The end is to have resources necessary to preserve the lives and health of countless human beings.
Why Americans Don’t Have Any Savings
Central bankers think too much saving is a problem that must be solved with more money creation. But the real problem is the Keynesian-style fractional reserve banking system.
Why the Current Unemployment Is Worse Than the Great Depression
Government restrictions on production are driving prices up as unemployment drives them down. It's impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis's next phase.
The Crisis Has Exposed the Damage Done by Government Regulations
The shortages and lack of flexibility caused by government red tape during the COVID-19 crisis has forced many governments to rethink their many arbitrary and unnecessary regulations.
This Bust Wasn’t Caused by a Virus
The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.
COVID in India: Relative Peace Amidst Ongoing Challenges
Dr. Anupam Singh discusses the surprising aspects of the pandemic in the Indian subcontinent.
