Mises Wire

Hopes for "China-ization" of Europe's Economy Fuels the Latest Investor Frenzy

Monetary PolicyTaxes and Spending

Blog07/30/2020

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

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How Modern Economics Has Lost Its Way: It's All About the "Unseen"

Bureaucracy and RegulationValue and Exchange

Blog05/19/2020

The difference between modern economics and proper economic thinking lies in taking the step that comes after arriving at the "unseen," to the "unrealized."

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Hacksawing the Economy: How Lockdowns Are in the Tradition of Civil War Surgeons

Big GovernmentU.S. History

Blog05/19/2020

Hacking off soldiers' limbs was a favorite technique of Civil War surgeons, largely because doctors wanted to avoid blame for later cases of gangrene. So doctors erred on the "safe" side. Many patients may have disagreed.

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How Government Spending Can Make the Debt Burden Look Smaller than It Really Is

Taxes and SpendingOther Schools of Thought

Blog05/07/2020

Governments can increase GDP numbers simply by spending more, and this can reduce debt as a percentage of GDP. But what if we calculate GDP using only private spending?

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How Markets Price a Pandemic—and How They Lower Risk

Free MarketsHealthWar and Foreign Policy

Blog04/24/2020

Regardless of government actions, many consumers, workers, and producers may seek changes that reduce exposure to disease in the workplace. The best way to do this is through markets.

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How Easy Money Is Increasing the Devastation of the COVID-19 Panic

Booms and BustsInflationMonetary Policy

Blog04/02/2020

Central banks have created a brittle economy without real savings and without much room to maneuver. Central banks now want more of the same in a bid to fix what they broke.

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How School Districts Put Politics Before Children

Bureaucracy and Regulation

Blog11/02/2019

School boards are political institutions often more interested in social policy than in education.

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How Government Regulations Mean Fewer Doctors

Blog09/26/2019

Governments fund and regulates the overwhelming majority of post-med-school residencies. Not surprisingly, there is now a shortage in residency positions. And government refuses to allow for greater freedom in licensing foreign doctors.

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