Mises Wire

The COVID Stimulus is the Government’s Latest Rejection of Say’s Law

Monetary PolicyProduction Theory

Blog05/08/2020

No matter what levers are pulled by the fiscal and monetary authorities, stones will not be turned into bread.

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Austrian School Scholars Are Right to Be Worried about This Economy

Business Cycles

Blog05/04/2020

Austrian economists do not have crystal balls, but Austrian business cycle theory provides a sure foundation for identifying looming economic crises and exacerbating factors, even if the precise timing of a downturn cannot be known.

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This Bust Wasn't Caused by a Virus

Booms and BustsFinancial MarketsLabor and Wages

Blog04/24/2020

The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.

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In an Age of Pandemics We Need More Freedom to Trade, Not Less

Protectionism and Free TradeWorld History

Blog04/14/2020

It is thanks to global trade that we now have access to many more resources for treatment and prevention of disease, including COVID-19.

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How the Left Is Trying to Blame Capitalism for COVID-19 Deaths

HealthSocialism

Blog04/06/2020

The Left conveniently ignores dozens of state-dominated and state-controlled medical systems and decides that the lack of preparedness for COVID-19 was all the fault of those small slivers of healthcare systems that are actually private.

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How Governments (and the Fed) Make Life Harder for Young Families

Blog03/28/2020

Government institutions, including central banks, have long been responsible for increases in the cost of living. But the burden often falls most on those who are just starting out in their adult lives.

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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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