Mises Wire

Why Central Planning by Medical Experts Will Lead to Disaster

Blog04/09/2020

Medical experts have tunnel vision when it comes to disease and public policy, and they greatly overestimate their own abilities to anticipate unintended costs and consequences.

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How the CDC Prevented Fast and Accurate Testing for COVID-19

Bureaucracy and RegulationHealth

Blog04/09/2020

After weeks of bungling, faulty tests, and policy reversals the CDC bureaucrats managed to achieve some semblance of competence. But by then they were already far behind the curve.

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While the West Panicked, Some Asian Regimes Took a Different Path

Blog04/09/2020

Even Now, Japan and Hong Kong are moving only very slowly toward economic "lockdowns." Korea and Taiwan employ different strategies altogether.

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Why Mexico Fears Shutting Down Its Economy to Combat COVID-19

Blog04/09/2020

Although bureaucrats with safe jobs and luxury homes like Anthony Fauci continue to insist mass unemployment is merely "inconvenient," job losses mean many Mexicans could be staring grinding poverty in the face.

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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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Free Trade Brings More Foreign Investment into the US. That's a Good Thing.

Free MarketsProtectionism and Free Trade

Blog04/09/2020

Politicians and pundits have a blind spot when it comes to international economic transactions. They ignore a portion of trade! In particular, they ignore trade in claims on future income—that is, stocks and bonds.

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Beyond the NAP: Rothbard's Full Case for Liberty

StrategyPhilosophy and MethodologyPolitical Theory

Blog04/08/2020

The nonaggression principle—"anything peaceful"—comes as close to a value-free analysis in a political, ethical, economic, and legal theory as conceivably possible. It was insufficient for Rothbard, because he rightly found it insufficient for liberty.

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

Education

Blog04/08/2020

Entrepreneurs 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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