Mises Wire

No, the Stock Market Isn't a "Leading Indicator" of Economic Prosperity

Blog10/19/2020

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

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Even WHO Officials Now Admit Lockdowns Are Extreme Policies with Disastrous Results

Blog10/17/2020

The true cost of covid-19 lockdowns has become so apparent that even WHO officials must now admit these policies lead to mass impoverishment and immense cost in terms of human lives and human health.

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Toward a Political Economy of Climate Change

Blog10/17/2020

In the thinking of many experts, all problems and solutions are geared to the mindset of central planners—of people like themselves. Climate scientists mistakenly believe themselves solely qualified to determine public policy for everyone else.

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The Progressivism of the Future Is Really Just the Socialism of the Past

Big GovernmentProgressivismSocialism

Blog10/17/2020

The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."

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Rand Paul Is Right about the Nazis and Socialism

SocialismWorld History

Blog10/16/2020

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

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Central Banks and the Problem with Playing God

Central BanksMoney and Banks

Blog10/16/2020

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.

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Why Slave Economies Thwart Entrepreneurial Innovation

CapitalismU.S. HistoryWorld History

Blog10/15/2020

In a slave economy, slave owners seek technological innovations that make slave labor more productive. But they also place inefficient and artificial limits on innovations that might change the established social order.

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India Takes Small Steps toward Economic Freedom with New Agrarian Reforms

Bureaucracy and RegulationFree MarketsPrice Controls

Blog10/15/2020

India's parliament has recently passed new reforms to its long-standing interventionist regime which limits farmers' ability to buy and sell goods. These reforms are badly needed.

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