Mises Wire

What If the Fed Did Nothing?

Blog03/30/2020

As with current Fed policy, there would be both winners and losers if the Fed did nothing. Either way, there will be pain, but without the Fed we'd actually build the foundation for a more sound and lasting economic system.

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The Political Management of the Coronavirus Crisis

Bureaucracy and RegulationInterventionism

Blog03/30/2020

The less agile and adaptive a society is, the more severe its impotence in a crisis. Thanks to an obsessive reliance on monetary policy to fix every problem, our society has increasingly abandoned innovation and productivity.

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This Is Not a Recession—This Is a Government-Imposed Shutdown of the Private Sector

Economic FreedomGlobal Economy

Blog03/30/2020

We are about to enter a production slowdown—a collapse, really—not because some businesses miscalculated their investments, but because government intervened drastically and without warning to shut down all businesses.

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What Would Rothbard Say About the COVID-19 Panic?

Blog03/30/2020

No matter what the situation, no one has the right to compel someone to act for another's benefit, and that includes forced quarantines, business closures, and expropriations of medical equipment in the name of "public health."

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The New Euro Stimulus Won't Save the Greek Economy

Monetary PolicyTaxes and SpendingWorld History

The Greeks haven't saved or produced enough to justify their high standard of living compared to other countries of the world. This is a fragile bubble economy made possible by European central bankers.

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Canada Has Abolished Civil Liberties in the Name of "Safety"

Big GovernmentHealthThe Police State

Blog03/28/2020

The various levels of government in Canada have responded to the coronavirus pandemic. Their ill-advised solutions are to inflict economic hardship and withdraw civil liberties. The longer these authoritarian policies persist, the greater the risk to the social fabric.

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How Governments (and the Fed) Make Life Harder for Young Families

Blog03/28/2020

Government institutions, including central banks, have long been responsible for increases in the cost of living. But the burden often falls most on those who are just starting out in their adult lives.

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"Cost Cutting" Is Necessary to Expand Real Investment

Blog03/28/2020

Many economists today think it's a bad thing when companies cut costs to increase profits. But this is a good thing that limits wasteful spending while setting the stage for more investment elsewhere.

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