Mises Wire

Why Chicago's Mayor Blames Her City's Murders on Wisconsin and Indiana

Blog08/11/2020

Although it's easier to buy guns in Indiana and Wisconsin than in Chicago, homicide rates are lower in those states than in either Illinois or Chicago.

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What the Supreme Court Got Right in Its Indian Tribe Ruling

Decentralization and SecessionLegal System

Blog07/11/2020

The Supreme Court this week limited a state government's control over what is supposed to be a sovereign Indian tribe. The next step lies in limiting federal control over the tribe also. 

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Why GDP Metrics Won't Tell Us Much about the Post-COVID Recovery

Blog06/06/2020

GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we'll see a big rebound in GDP. But that doesn't tell us if the private sector is actually better off.

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What the Failed 55-MPH Speed Limit Law Tells Us about COVID Lockdowns

Big GovernmentHealthMedia and Culture

Blog05/27/2020

Americans were once harangued by government "experts" about the need to slow down on highways in order to save lives. Few listened. Today, laws demanding everyone "stay at home" may suffer a similar fate.

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Why Didn't the 1958 and 1918 Pandemics Destroy the Economy? Hint: It's the Lockdowns

Blog05/21/2020

The 1958 pandemic killed twice as many people as COVID-19 has so far. Yet, the economy in 2020 has collapsed far worse than either in 1958 or the far worse pandemic of 1918.

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When Governments Switched Their Story from "Flatten the Curve" to "Lockdown until Vaccine"

Blog05/07/2020

At some point in early April, the official narrative switched form "don't let hospitals get overwhelmed" to "you're locked down for years until there's a vaccine."

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Why the Current Unemployment Is Worse Than the Great Depression

CapitalismLabor and Wages

Blog04/24/2020

Even though the official unemployment rate is probably not quite as high as it was in 1933, there are reasons to believe that our labor market is currently in even worse shape economically than it was at the lowest depths of the Great Depression.

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Why Markets Are Rallying as Millions Become Unemployed

Booms and BustsThe FedFinancial Markets

Blog04/21/2020

Wouldn’t you feel great knowing that your stock picking is fully insured by the Fed? Billionaires and wealthy hedge fund managers know the feeling.

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