Mises Wire

The Seen and the Unseen of Covid-19

Blog11 hours ago

It’s not enough to evaluate the short-term consequences of a policy for one small group. If you want to know the long-term consequences or the real consequence of it, you look at the long-term effects on everybody.

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The Misplaced Fear of "Monopoly"

Free MarketsMonopoly and Competition

Blog08/11/2020

The political entrepreneur succeeds by using the implicit violence of government to cripple his competitors and harm consumers. The market entrepreneur, on the other hand, makes his fortune by providing consumers with products they need at prices they can afford.

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The Unseen Costs of Government-Forced Lockdowns

Blog04/29/2020

With apologies to Frédéric Bastiat, this is how his great essay "The Seen and the Unseen" might read if applied to the current government-forced lockdowns forcing business owners into bankruptcy across America and the world.

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The European Green Deal Is Every Bit as Bad as Expected

The EnvironmentGlobal EconomyProtectionism and Free Trade

Blog01/15/2020

While the legislation introduced in the US Congress remains fiction under a Republican executive and senate, the Brussels initiative will become law unless there is considerable opposition from EU member states.

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Tuesday's UK Vote Chaos: Will Brexit Never Happen?

Blog03/13/2019

The odds of a no-deal Brexit appear smaller than ever, and the exit process still has no end in sight.

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The Problem with Elizabeth Warren's Wealth Tax

While Elizabeth Warren may be correct that the system is broken, she is quite wrong in how and why it is broken — and how to fix it.

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Tax Competition: A Practical Way to a Low-Tax World

Global EconomyTaxes and SpendingWorld History

Blog12/11/2018

It's important to make the moral case for lower taxes, but we shouldn't overlook simply defending institutional competition.

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The Fed's Plan for "Countercyclical Capital Buffers" Is Just More of the Same

Money and BanksMoney and Banking

Blog09/14/2018

Scratching beneath the surface of the debate around countercyclical capital buffers, we find the normal level of duplicity that characterizes most debates about monetary policy.

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