Mises Wire

Three Ways Lockdowns Are Costing Human Lives

Big GovernmentHealth

Blog3 hours ago

If we do not correctly take into account the opportunity cost, in terms of lives that can be lost from lockdowns, then we will most likely continue to make bad decisions in the future.

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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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The Fed Is Doing "Whatever It Takes" to Prop Up the Economy. That's a Very Bad Thing.

InflationMonetary PolicyInterventionism

There's now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.

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The Big Reason Mises Rejected Marx's Dialectical Materialism

SocialismPhilosophy and Methodology

Blog05/25/2020

The weird thing about dialectical materialism is that Marx seems to have cobbled it together from two philosophies that contradicted each other.

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The Folly of "Ask What You Can Do for Your Country"

Big GovernmentU.S. HistoryPolitical Theory

Blog05/25/2020

Governments often demand that you "ask what you can do for your country," but those governments never guarantee us anything in return for our sacrifice.

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To Prevent Problematic Inflation, We Need More Production. Which Means There's Trouble Ahead.

InflationMonetary TheoryOther Schools of Thought

Blog05/25/2020

Price inflation is so difficult to predict, because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.

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Three Ways the Coronavirus May Significantly Accelerate Political Decentralization

Big GovernmentDecentralization and Secession

Blog05/22/2020

Although national tragedies tend to bring a country together, it seems clear that the coronavirus will leave America as divided as it has been in modern history.

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