Mises Wire

There Are No Winners in the US-China "Tech War"

Protectionism and Free TradeSocialismWar and Foreign Policy

Blog07/28/2020

The alleged rise of China to impending global tech dominance is greatly overstated. And US efforts to combat China will only make American companies less competitive.

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The Myth of the Failure of Capitalism

CapitalismProtectionism and Free TradeSocialism

Blog07/27/2020

It is true that socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would rediscover the meaning of hunger on a massive scale.

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Money-Supply Growth Hits New High for Third Month in a Row

Money Supply

Blog07/25/2020

During June 2020, year-over-year (YOY) growth in the money supply was at 34.47 percent. That's up from May's rate of 29.5 percent, and up from June 2019's rate of 2.04 percent.

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The COVID Panic Is a Lesson in Using Statistics to Get Your Way in Politics

Blog07/23/2020

When it came to debating the morality and prudence of COVID lockdowns, their proponents had an ever-growing death toll statistic on their side. Those who feared the dark side of coerced lockdowns lacked the advantage of a dedicated government stat.

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Americans Are Buying Guns in Record Numbers. The Washington Post Isn't Pleased.

Media and CultureThe Police State

Blog07/22/2020

Americans have been buying lots of guns out of fear of crime and unrest this year. This suggests that the crime-guns causality is the opposite of what gun controllers say. Rather than saying "guns cause crime," we should be saying "crime causes guns."

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Gorging on Debt to Survive the COVID-19 Economy

Financial MarketsMonetary Policy

Blog07/22/2020

Our current position on debt seems to be akin to saying the only way to keep from drowning is pouring more water over the victim.

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More Laws Mean More Police Brutality

Legal SystemStrategyThe Police State

Blog07/21/2020

Every law must ultimately be enforced using the police power of the state. For those who resist, this means violent arrest and imprisonment. Or worse.

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Three Reasons Representative Democracy Doesn't Work

Decentralization and SecessionPolitical Theory

Blog07/20/2020

Even if the idea of democracy were a good one, there is a myriad of problems that come with translating the will of the voters into "representation" in political institutions. 

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