Mises Wire

The New Euro Stimulus Won't Save the Greek Economy

Monetary PolicyTaxes and SpendingWorld History

The Greeks haven't saved or produced enough to justify their high standard of living compared to other countries of the world. This is a fragile bubble economy made possible by European central bankers.

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"Cost Cutting" Is Necessary to Expand Real Investment

Blog03/28/2020

Many economists today think it's a bad thing when companies cut costs to increase profits. But this is a good thing that limits wasteful spending while setting the stage for more investment elsewhere.

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Canada Has Abolished Civil Liberties in the Name of "Safety"

Big GovernmentHealthThe Police State

Blog03/28/2020

The various levels of government in Canada have responded to the coronavirus pandemic. Their ill-advised solutions are to inflict economic hardship and withdraw civil liberties. The longer these authoritarian policies persist, the greater the risk to the social fabric.

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How Governments (and the Fed) Make Life Harder for Young Families

Blog03/28/2020

Government institutions, including central banks, have long been responsible for increases in the cost of living. But the burden often falls most on those who are just starting out in their adult lives.

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The Last Thing We Need Right Now Is Bernie's Proposed Tax on Financial Transactions

Financial Markets

Blog03/27/2020

Bernie Sanders wants a tax on financial transactions so that every trade brings a penalty. While this most directly affects big traders, regular people will not be immune to the effects.

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Eminent Domain: Are Holdouts Really a Problem?

Blog03/27/2020

David Gordon is not convinced by the usual arguments claiming property owners ought to be forced to sell their property for an arbitrarily determined "market price."

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Governments Can't Fix This Economic Crisis They Caused

Global EconomyInterventionism

Blog03/27/2020

The US and the world will rise from this crisis. What the government has to do is allow it. The government is there to facilitate, not to pick winners and losers.

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The Benefits of a Free Society during Pandemics

Big GovernmentDecentralization and SecessionHealth

Blog03/27/2020

The idea that a free and mostly privatized society would let pandemics rage unchecked is based on a crude caricature. The truth is that a free society offers flexibility and resilience that a centralized system lacks.

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