Mises Wire

Decades of Productivity Gains Have Made Our Debt Bomb Manageable (For Now)

InflationPricesProduction Theory

Blog05/02/2020

Although the money supply has greatly increased, accompanying growth in production has made it possible to keep the current system of immense debt increase going for a long time.

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Deregulation Is the Path to Increasing the Supply of Medical Services

Bureaucracy and RegulationFree Markets

If we're serious about increasing the capacity of our medical institutions, free trade and deregulation offer real solutions.

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Decentralization and Privatization Haven't Gone Far Enough in Coronavirus Testing

Bureaucracy and RegulationDecentralization and SecessionHealth

Blog04/16/2020

Federal regulation of medical tests and testing needs to be ended and left to the states. And then state authority must be broken up and decentralized even further.

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Danish State Plans to Pay the Salaries of Private Sector Workers

InflationLabor and WagesMoney and Banks

Blog04/13/2020

The Danish state believes that the nation can avoid economic collapse if the state pays private sector workers' salaries. This, it is thought, will allow private companies to avoid layoffs. But there's a downside.

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Did Native Peoples Live in Harmony with Nature? It's Complicated.

The EnvironmentPrivate Property

Blog04/10/2020

The popular notion that indigenous peoples residing in a precapitalist order are particularly skillful at managing the earth's resources is a myth.

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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.

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Diversification versus Risk

Money and Banks

Blog03/26/2020

The size of an entrepreneur's return on his investment is determined not by how much risk he assumes, but rather whether he complies with consumers' wishes.

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Diseases Are Bad. Government-Forced Shutdowns Are Often Worse.

Big GovernmentEconomic FreedomGlobal Economy

Blog03/24/2020

There is a reason to panic. But the panic should be over how governments—who know so very little about the virus that they have decided warrants destroying the global economy—will create many new threats to health and well-being through their policies.

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