More Protectionism and Regulation Won’t Fix the Economy
Trade controls and immigration quotas are just more government regulation. And that won't help revive the economy.
Trade controls and immigration quotas are just more government regulation. And that won't help revive the economy.
We continue our survey of Human Action by finishing up Part Six of the book, Mises's analysis of interventionism.
Regardless of government actions, many consumers, workers, and producers may seek changes that reduce exposure to disease in the workplace. The best way to do this is through markets.
Regardless of government actions, many consumers, workers, and producers may seek changes that reduce exposure to disease in the workplace. The best way to do this is through markets.
What is the number of deaths due to disease which justifies the total abandonment of the rule of law and basic human freedoms? Sixty thousand? One hundred thousand? Three hundred thousand? Supporters of the current police state ought to pin down a number for us at which all rights are forfeit.
What is the number of deaths due to disease which justifies the total abandonment of the rule of law and basic human freedoms? Sixty thousand? One hundred thousand? Three hundred thousand? Supporters of the current police state ought to pin down a number for us at which all rights are forfeit.
Ludwig von Mises explained how "war socialism" doesn't win wars. Similarly, "COVID-19 socialism" won't win the "war" on disease.
Not only are conscripts enslaved, often under brutal conditions, they can be sent to die in battle. Mises opposed conscription, but there was an exception.
Sinister forces in American political life are using the coronavirus crisis to incite war with China and to stir up bad feelings toward the Chinese people. But war with China should be the last thing people want.
In this article from 1950, Murray Rothbard suggests some of the less bad ways of financing military operations. Hint: monetary inflation and taxing savings and investment are among the worst.