Mises Wire

Ending the Lockdowns Isn't about Saving Money. It's about Saving Lives.

Economic FreedomInterventionism

Blog04/25/2020

"Saving lives versus saving money" comparisons confuse ends with means. The end of saving the economy is not to have more money. The end is to have resources necessary to preserve the lives and health of countless human beings.

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Exactly How Many Deaths Are Needed to Justify Giving Governments Control of Everything?

Media and CultureWar and Foreign PolicyPolitical Theory

Blog04/20/2020

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.

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Even If the Fed Keeps Pumping Money, We May Still See Deflation

InflationMoney and Banks

Blog04/11/2020

It is tempting to assume both money supply inflation and price inflation will come soon as the central banks pump new money. But if banks aren't lending because the economy is in disarray, the money supply may actually shrink, and prices may even fall.

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Entrepreneurship Is the Foundation of a Productive Society

The EntrepreneurMedia and Culture

Blog04/09/2020

To spread the benefits of goods and services, we must first spread the mindset needed to take on the task of producing goods and services. That is, the mindset of entrepreneurship.

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Education and the Coronavirus: Trying to Look on the Bright Side

Education

Blog04/08/2020

Entrepreneurs can offer new ways of serving established markets, but large institutions will keep with what has worked in the past so long as it just continues to work in the present. Radical change happens only in an emergency. For the British university that time has now arrived.

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Égalité, Fraternité, Captivité

Big GovernmentThe Police State

Blog04/06/2020

What we can learn from the Patriot Act is that during a time of crisis governments can pass legislation that impacts citizens’ lives long after the crisis of the day has passed.

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Equality and Levelling Down

SocialismPhilosophy and Methodology

Blog04/03/2020

Egalitarians think that equality has intrinsic value: they advocate it for its own sake, not just to forestall bad consequences. But why is a situation in which some in it have been made better off, and none worse off, worse than one of equality?

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End the Shutdown

Big GovernmentHealth

Blog03/31/2020

The lasting and far-reaching harms caused by this authoritarian precedent far outweigh those caused by the COVID-19 virus. The American people must decide for themselves how and when to reopen society and return to their daily lives.

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