Mises Wire

Why We Need Free Markets To Fight Pandemics

Free MarketsHealthPrice ControlsPrices

Blog03/23/2020

What needs to be done in such a crisis is not to attempt to steer the market to ensure it provides what is needed, but to let it free to do what it always does: match the goals of entrepreneurial producers with the needs of the populace.

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War On China?

SocialismWar and Foreign PolicyWorld History

Sinister forces in American political life are using the coronavirus crisis to incite war with China and to stir up bad feelings toward the Chinese people. But war with China should be the last thing people want.

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Why "Social" Entrepreneurship Is No Substitute for "Market" Entrepreneurship

EntrepreneurshipPricesValue and Exchange

Blog03/14/2020

Market entrepreneurship is what generates net value in society, whereas social entrepreneurship is primarily the use of that value. 

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Will More Easy Money Strengthen the Ailing Economy?

Booms and BustsMoney and Banks

Blog03/11/2020

Lower interest rates won't make an economy grow. What matters is real savings.

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Why Medicare for All Would Require Huge Tax Increases

Blog03/11/2020

Medicare for All advocates claim they are increasing access to medical services. But the plan mostly just increases demand without increasing supply. The "solution" comes later with price caps, tax hikes, and shortages. 

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Why Sweden’s Negative Interest Rate Experiment Is a Failure

Blog03/09/2020

After years of negative rates, Sweden's central bank moves toward positive rates again. But this is setting the stage for an economic bust.

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What Comes after Quantitative Easing?

Booms and BustsInflationMonetary Policy

Blog03/09/2020

What we observe today is a desperate fight against deflation. We know that this situation is unsustainable, but we do not know to which side the balloon will fall.

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Why Deflation Can Be a Good Thing

Booms and BustsInflationMonetary TheoryOther Schools of Thought

Blog03/06/2020

Brazilian journalist André de Godoy interviews economist and Mises Institute scholar Antony Mueller on the nature of money, banking, and prices.

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