Mises Wire

What Is the Good Entrepreneur to Do?

The EntrepreneurValue and Exchange

Blog04/04/2020

Some anticapitalists have tried to claim "good" entrepreneurs don't make profit the primary goal. Yet, without profit, an entrepreneur cannot serve the people who depend on him or her for goods and services.

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Want Political Change? Get Rid of Campaign Finance Regulations.

Anti-PoliticsStrategy

Blog04/01/2020

Campaign finance laws favor incumbents and the rich and famous. Real change requires more freedom and decentralization in how campaigns are funded.

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Why the World Has a Dollar Shortage, Despite Massive Fed Action

The FedGlobal EconomyMoney and Banking

Blog03/31/2020

Can the US dollar lose its global reserve position? Sure it can, but not to a country that decides to commit the same monetary follies as the Fed. Most countries are trying to out-inflate the Fed. And that's good for the Fed.

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What If the Fed Did Nothing?

Blog03/30/2020

As with current Fed policy, there would be both winners and losers if the Fed did nothing. Either way, there will be pain, but without the Fed we'd actually build the foundation for a more sound and lasting economic system.

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What Would Rothbard Say About the COVID-19 Panic?

Blog03/30/2020

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 name 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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