Mises Wire

Global Health Bureaucrats Want Even More Power to Impose Their Plans Across National Borders

Bureaucracy and Regulation

Blog7 hours ago

Global health bureaucrats would have a much easier time if they could force "renegade" countries like Sweden into line with the power to force a uniform health police on everyone.

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Even WHO Officials Now Admit Lockdowns Are Extreme Policies with Disastrous Results

Blog10/17/2020

The true cost of covid-19 lockdowns has become so apparent that even WHO officials must now admit these policies lead to mass impoverishment and immense cost in terms of human lives and human health.

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The Progressivism of the Future Is Really Just the Socialism of the Past

Big GovernmentProgressivismSocialism

Blog10/17/2020

The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."

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Why Slave Economies Thwart Entrepreneurial Innovation

CapitalismU.S. HistoryWorld History

Blog10/15/2020

In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.

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The New Media Has Become like the Old Media—And That Means the Usual Bias

Blog10/14/2020

In social media—as in the established old media—editors, curators, and managers work to promote their own self-described “mainstream” views while excluding as “extreme” the views of everyone else.

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Setting the Record Straight on Income Inequality

Blog10/12/2020

Growing material propserity does not require equality. In fact, equality has nothing to do with building a system that benefits workers and the poor.

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A Critique of the Labor Theory of Value

Prices

Blog10/10/2020

In contrast to the classical cost (labor) theory of value, the so-called marginal revolution ushered in the modern, subjective theory, whereby market price is determined by the marginal utility of a good.

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Japan Embraced Debt as a Way out of Its Budget Crisis. It's Not Working.

In Japan, huge social security expenditures have been simply monetized by the Bank of Japan at the expense of the overall welfare and the economic prospects of Japan’s youth.

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