Mises Wire

The Problem with "Wandering" Police Officers

Legal SystemThe Police State

Blog06/16/2020

Some police officers are able to easily get rehired by law enforcement agencies even though they were forced out of other departments for misconduct. That's a problem.

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Why the European Recovery Plan Will Likely Fail

Corporate WelfareCronyism and CorporatismWorld History

Blog06/16/2020

The problem of the European Union has never been a lack of monetary and fiscal stimulus, but rather an excess of these. This has failed to produce real growth, and now we're getting more of the same, but even bigger.

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Why the New Economics Just Boils Down to Printing More Money

InflationMoney SupplyOther Schools of Thought

Blog06/15/2020

The new Keynesian recommendation for monetary policy is to “stabilize the growth of aggregate demand.” In plain language this means that the monetary authorities should never stop flooding the economy with paper money.

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Inequality is Overstated—and Overrated

CapitalismPovertySocialism

Blog06/15/2020

Measures of wealth inequality overstate actual inequality in terms of the standard of living of wealthy people relative to the rest.

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COVID-19 Lockdowns are Neither Necessary, nor Scientific, nor Helpful

Bureaucracy and RegulationHealth

Blog06/15/2020

What proponents of lockdowns mean by “follow the science” is that statements made by scientists should be accepted as axioms. An obvious problem exists when scientists make conflicting statements.

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Abolishing the Police Won't Mean Abolishing State Violence

Legal SystemMedia and CultureThe Police State

Blog06/15/2020

The Left believes that we need the state to force people to act in line with "social justice." This means that somebody must force compliance with state edicts, even if those people aren't called "police."

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The Scandinavian Model Won’t Work in Chile

ProgressivismSocialism

Blog06/13/2020

Chile is the most prosperous country in South America precisely because it has (so far) avoided adopting the socialist policies being pushed on it by left-wing reformers.

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Why Economists Are So Often Accused of Being Indifferent to Social Problems

Blog06/13/2020

Economists are often accused of being insensitive or unconcerned about social problems, because we try to consider all the costs and benefits, both short term and long term. This often means that we are skeptical of the popular quick political fix.

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