Mises Wire

The COVID-19 "Lockdowns" Are What Twenty-First-Century Mob Rule Looks Like

Blog4 hours ago

There is a misconception among critics of the COVID-19 lockdowns that they're being imposed over the howls of the local population, which wants freedom. If only that were true.

Read More

In March, US Deaths from COVID-19 Totaled Less Than 2 Percent of All Deaths

Health

Blog04/06/2020

How much must total mortality increase to justify a global suspension of commerce and the rule of law? One percent? Ten percent? And what if overall mortality doesn't even go up?

Read More

Japan Has Avoided a COVID-19 Panic. But the Global Recession Will Hit Hard

Taxes and SpendingWorld History

Blog04/04/2020

Whatever happens with the virus, the real story, the real historical change, is probably economic. Abenomics—Japan's ultra-Keynesian experiment—seems to be dead.

Read More

Japan’s Productivity Has Been Slashed By Government Meddling, Not Demographics

Bureaucracy and RegulationMonetary PolicyWorld History

Blog04/03/2020

The popular narrative is that demographics are driving Japan's declining worker productivity. But the real culprit is government regulations and a lack of entrepreneurship.

Read More

Capital Accumulation: The Way to Increase Wages

Labor and WagesTaxes and Spending

Blog04/03/2020

Real higher wages can't be created with a government fiat. Worker productivity must first be increased through greater investment.

Read More

Do the Textbooks Get Money and Banking Backwards?

Blog04/02/2020

Over the years a chorus of critics has alleged that the textbook view of how a central banks buys government debt in "open market operations" is backwards. They argue that in reality commercial banks take the lead in making loans without regard to their reserves.

Read More

More than Half of All US COVID-19 Deaths Occur in Only Four States

Blog03/25/2020

The effects of COVID-19 are not evenly distributed in the United States. Only certain regions are facing sizable strains on their resources. A nationwide lockdown would create huge economic costs for regions where the the costs of disease have been relatively low.

Read More

The US's COVID-19 Death Rate Is Far Below the Rates in Italy and Spain

Blog03/24/2020

Contrary to a recent headline, the US is not about to become the "epicenter" of COVID-19. In fact, the death rate of COVID-19 is lower in the US than at the same point in the timeline for many other countries we are told are comparable to the US.

Read More
Shield icon wire