Mises Wire

In Defense of Covid "Price Gouging"

The FedInflationMonetary Policy

Blog3 hours ago

When consumer prices shot up after the massive monetary injections undertaken to counteract the job-killing Covid lockdowns, the political classes called it "price gouging." Indeed, when government inflates, we need all the price gouging we can get.

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Röpke Revisited

SocialismHistory of the Austrian School of Economics

Blog6 hours ago

William Röpke, who fled Nazi Germany in the 1930s, has made important contributions to Austrian economic analysis. Not surprisingly, he rejected collectivism as a way to organize an economy.

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Questioning the Military Necessity of Dropping Atomic Bombs on Japanese Cities

U.S. HistoryWar and Foreign PolicyWorld History

Blog11 hours ago

Americans often have defended the atomic bombings of Hiroshima and Nagasaki as regrettable but necessary for ending World War II. The actual record tells us a much different story.

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Raise the Social Security Age to (at Least) 75

Blog01/26/2023

As life expectancy has risen, so have runaway costs. Raising the age won't make Social Security just, prudent, or wise. But cutting federal spending is always the right thing to do. 

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Yuri Maltsev, RIP

Free MarketsWorld History

Blog01/26/2023

Yuri Maltsev, a Mises Senior Fellow who once was an advisor to Mikhail Gorbachev when he was an economist in the USSR, has passed away. Rest in peace.

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Governments Cannot Effectively Regulate Vaccines

Bureaucracy and RegulationStrategy

Blog01/26/2023

Because government officials do not worry about the consequences of making mistakes, the government should not be permitted to regulate anything as important as vaccines.

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The State Uses Trauma as a Weapon against Innocent People

The Police State

Blog01/26/2023

In its unending quest for power, the state has no problem traumatizing the innocent.

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Yes, the Minimum Wage Harms the Economy

Free MarketsLabor and WagesU.S. Economy

Blog01/25/2023

The imposition of minimum wages harms the economy, although there are nuances in how much harm they cause. It is better not to impose minimum wages at all.

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