Mises Wire

The Experts' "Zero Covid" Plan Was a Total Failure

U.S. History

Blog5 hours ago

The expert class embraced the failed "zero covid" plan early, claiming that covid will be eradicated if only we "lockdown harder." This later morphed into "covid will be eradicated with more vaccines."

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Global Governance versus Freedom and Free Enterprise

World History

Blog5 hours ago

Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank of the IMF. This is true even when the stated goal is advancing free markets.

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When Higher Prices Are Not Inflation

Money and Banks

Blog10 hours ago

Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help.

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Stop Pretending Price Inflation Is a Result of "Too Much" Profit

Blog01/15/2022

If a business raises the price of its goods and consumers (and consumers pay it) we will have here a specific price increase but not a general increase in prices. That's not inflation.

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The Problem with Guilds: They're Monopolistic and Wasteful

World History

Blog01/15/2022

The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

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Colonialism Isn't the Source of Latin America's High Inequality

World History

Blog01/14/2022

Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems.

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The Money Supply Grew in November, but the Bigger Trend Is Way Down

Money Supply

Blog01/13/2022

Even with November's small rise, money supply growth is far below the unprecedented highs experienced during the past two years. This points to a weakening economy.

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Mises and the German Neo-liberals

World History

Blog01/13/2022

In the cold light of economic reasoning, we can see that the Marshall Plan was in essence a scheme for postponing the bankruptcy of socialism and the welfare state.

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