Mises Wire

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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While the West Panicked, Some Asian Regimes Took a Different Path

Blog04/09/2020

Even Now, Japan and Hong Kong are moving only very slowly toward economic "lockdowns." Korea and Taiwan employ different strategies altogether.

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Why Mexico Fears Shutting Down Its Economy to Combat COVID-19

Blog04/09/2020

Although bureaucrats with safe jobs and luxury homes like Anthony Fauci continue to insist mass unemployment is merely "inconvenient," job losses mean many Mexicans could be staring grinding poverty in the face.

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What Comes after Quantitative Easing?

Booms and BustsInflationMonetary Policy

Blog03/09/2020

What we observe today is a desperate fight against deflation. We know that this situation is unsustainable, but we do not know to which side the balloon will fall.

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Why Deflation Can Be a Good Thing

Booms and BustsInflationMonetary TheoryOther Schools of Thought

Blog03/06/2020

Brazilian journalist André de Godoy interviews economist and Mises Institute scholar Antony Mueller on the nature of money, banking, and prices.

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