Mises Wire

What Would Rothbard Say About the Corona Epidemic

Blog3 hours ago

No matter what the situation, no one has the right to compel someone to act for another's benefit, and that includes forced quarantines, business closures, and expropriations of medical equipment in the same of "public health."

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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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With Bailouts, Governments Are the Big Winners

Booms and BustsMonetary PolicyMoney and Banks

Blog03/24/2020

Every crisis caused by the unbacked paper money system expands the power of the states over economic and social life, and unfortunately, once the state has expanded its power, it is unlikely the trend will be reversed.

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We're Learning Why Governments Can't Be Trusted with Health Crises

Health

Blog03/23/2020

The latest health crisis has made it clear that governments put their own interests before those of the public while hiding crucial information and imposing counterproductive regulations.

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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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