Mises Wire

Why Does Brazil’s Bolsonaro Refuse To Lock Down His Country's Economy?

HealthLegal SystemPoverty

Blog05/11/2020

While the Left has agitated for more government spying and harsher "lockdowns," Brazil's president—perhaps fearing economic implosion—has been reluctant to crack down.

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We Can't Just "Restart" the Economy Where We Left Off

Big GovernmentMonetary PolicyCalculation and Knowledge

Blog04/18/2020

If we're serious about maximizing the resources needed to combat COVID-19, we need an economy that is deregulated and flexible.

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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 We Really Mean When We Talk About Values and Prices in the Marketplace

PricesValue and Exchange

Blog01/24/2020

Values of goods are not static things that can be used for central planning. Values apply only to a particular transaction at a particular place and at a given time by human beings.

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Why Central Banks Aren't Really Setting Interest Rates

Capital and Interest TheoryMoney and Banking

Blog12/11/2019

Central banks can only distort and mask real interest rates with monetary policy. Interest rates are really set by each individual's time preference.

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Why Friedman Is Wrong on the Business Cycle

Blog11/13/2019

 A common view is the bust is caused by various mysterious factors that have nothing to do with the previous boom. But that the main problem with Friedman’s model is the lack of a coherent definition of what a boom-bust cycle really is.

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