Mises Wire

State-Mandated Vaccines Are a Moral Minefield

HealthPraxeology

Blog02/13/2021

Forcing one person to take medication or vaccines for the benefit of another person is directly opposed to basic notions of self-ownership and human rights. 

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In the Culture War, Conservatives Turn against Wall Street

Financial Markets

Blog02/12/2021

For conservative populists, Wall Street now is the Washington establishment, indistinguishable from the oligarchs of Silicon Valley; Washington, DC; and the New York Times.

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Populism May Be on the Rise Again in Europe

Global Economy

Blog02/12/2021

Populist parties have yet to score definitive victories in either the US or in Europe. But these groups aren't going away, either. 

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The World Needs a Gold-Backed Deutsche Mark

Money and BanksWorld HistoryGold Standard

Blog02/12/2021

Reinstating the mark, a peaceful act by a sovereign country, would create a cascade of monetary reform throughout the world. Europe's trading partners would find the cost of necessary imports rising in terms of their local currencies, forcing them to adopt fiscal and monetary responsibility.

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The Depression of the 1780s and the Banking Struggle

U.S. History

Blog02/11/2021

In an unhampered market, there is no such thing as "excess" consumption of imports. But thanks to the creation of monopoly banks like the Bank of North America, an inflationary expansion of bank credit led to an artificial expansion of imports.

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How Not to Argue against the Minimum Wage

Bureaucracy and RegulationLabor and Wages

Blog02/11/2021

There are plenty of sound reasons to oppose government minimum wage laws, but there is one objection making the rounds that is based on bad economics and should be avoided, and that’s the "businesses will pass on the costs to consumers" objection.

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Public Health Measures like Mask Mandates Lead to Unintended and Unpredictable Outcomes

Bureaucracy and RegulationHealth

Blog02/11/2021

What works in a clinical setting may have totally different outcomes when applied as a matter of "public health." Indeed, one-size-fits-all public health measures can often lead to unintended and unwanted results. 

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Burt Blumert's Ninety-Second Birthday

Economic FreedomPhilosophy

Blog02/11/2021

Today would have been Burt Blumert's ninety-second birthday

 
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