Mises Wire

The Jones Act: 100 Years of Failed Protectionism

Blog06/04/2020

June 5 marks the one hundredth anniversary of the Jones Act, a law passed to protect the domestic water transportation industry from outside competition.

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The Hydroxychloroquine Controversy Is a Reminder That Prescription Laws Are a Government Racket

Bureaucracy and RegulationHealth

Blog05/28/2020

In a free country, doctors would be free to prescribe whatever drugs they wish to anyone for any reason. In fact, individuals should be free to buy drugs without a special government-required doctor's note.

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To Avoid a Collapse of the Eurozone, Europe Moves Closer to a European Megastate

Big GovernmentGlobal EconomyMonetary Policy

Blog05/01/2020

Debt-ridden countries such as Italy will come to rely more and more on Germans and other northern Europeans to finance their debt. This will require a more unified Europe. Or the whole thing may collapse.

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This Isn't Your Usual Demand-Shock Recession.

InflationMonetary Policy

Blog04/15/2020

This recession involves a big supply shock, which means that stimulus-fed consumption will bring capital consumption, which will ultimately lower productive capacity and standards of living.

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The Feds Are Suing Oracle for Discrimination, Even Though No One Has Complained

Bureaucracy and RegulationLegal System

Blog03/31/2020

Federal agencies have destroyed the separation of powers that is supposed to exist in the US legal system, so agency bureaucrats now act as investigators, prosecutors, judges, and juries.

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This Is Not a Recession—This Is a Government-Imposed Shutdown of the Private Sector

Economic FreedomGlobal Economy

Blog03/30/2020

We are about to enter a production slowdown—a collapse, really—not because some businesses miscalculated their investments, but because government intervened drastically and without warning to shut down all businesses.

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The Government's Pandemic Strategy Is a Reckless One

Health

Blog03/25/2020

It's time to stop pretending that the policies favored by some biologists—who know nothing about how economies work to lessen the health effects of poverty—come without grave costs to public health.

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The Use of Knowledge in Entrepreneurship

Calculation and KnowledgePrices

Blog03/25/2020

It is a marvel that imperfect, limited information available to the entrepreneur can be used to produce so much good for society. 

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