Mises Wire

The Seen and the Unseen of Covid-19

Blog17 min 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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Alexander Hamilton: Centralist and Nationalist

Big GovernmentU.S. History

Blog09/18/2020

If you like high taxes, crony capitalism, central banking, and a central authority that can regulate everything you do, thank Alexander Hamilton.

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What’s the Price of Gold? It Depends.

Blog09/14/2020

Spot? COMEX? Retail? How the price of gold varies by market. And why.

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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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Why Taiwan Hasn't Shut Down Its Economy

Taiwan's response to COVID-19 mostly means self-imposed quarantines and more transparency. It's basically the opposite of what Europe is doing.

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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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"Corporate Social Responsibility" Only Strengthens Corporate Power over the Public

Bureaucracy and Regulation

Blog10/03/2019

The relationship between the Nazi state and industry was not evidence that the Nazis had capitalist leanings, but that the German businessmen had socialist leanings.

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