Mises Wire

Do Lockdowns Work? Mounting Evidence Says No

Health

Blog05/20/2020

Most of the world's regimes enthusiastically destroyed their economies and consigned millions to destitution (and a rising tide of resulting health problems) in pursuit of a trendy and unproven theory. There's still not evidence that the lockdowns worked.

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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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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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Do People Really Seek to Maximize Profit?

Calculation and KnowledgeValue and Exchange

Blog02/04/2020

Economics is not intent upon pronouncing value judgments. It aims at a cognition of the consequences of certain modes of acting.

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Don't Trust the Government with Breathalyzers and other Forensic Evidence

Legal System

Blog11/16/2019

Government police, analysts, and lab workers have been repeatedly shown using faulty technology, forging documents, and falsifying lab results to arrest, prosecute, and convict innocent citizens.

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Does Milton Friedman's "Plucking Model" Refute Austrian Business Cycle Theory?

Blog11/06/2019

Noah Smith's Bloomberg column praises Milton Friedman's "plucking model" of recessions, where the severity of a bust is connected to the strength of the following recovery. Does this refute Mises' BOOM-BUST theory?

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Deneen's Why Liberalism Failed Attacks a Fake Version of Liberalism

Philosophy and Methodology

Blog07/13/2019

Patrick Deneen lumps everything he dislikes under the label of "liberalism." But one is left wondering if he is familiar enough with liberalism's history to pass judgment on it.

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