Mises Wire

This Bust Wasn't Caused by a Virus

Booms and BustsFinancial MarketsLabor and Wages

Blog04/24/2020

The COVID-19 panic may have sped up the beginning of this economic crisis, but the virus wasn’t the cause. The real cause of the crisis was the boom that came before it.

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In an Age of Pandemics We Need More Freedom to Trade, Not Less

Protectionism and Free TradeWorld History

Blog04/14/2020

It is thanks to global trade that we now have access to many more resources for treatment and prevention of disease, including COVID-19.

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How the Left Is Trying to Blame Capitalism for COVID-19 Deaths

HealthSocialism

Blog04/06/2020

The Left conveniently ignores dozens of state-dominated and state-controlled medical systems and decides that the lack of preparedness for COVID-19 was all the fault of those small slivers of healthcare systems that are actually private.

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How Governments (and the Fed) Make Life Harder for Young Families

Blog03/28/2020

Government institutions, including central banks, have long been responsible for increases in the cost of living. But the burden often falls most on those who are just starting out in their adult lives.

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Why We Need Free Markets To Fight Pandemics

Free MarketsHealthPrice ControlsPrices

Blog03/23/2020

What needs to be done in such a crisis is not to attempt to steer the market to ensure it provides what is needed, but to let it free to do what it always does: match the goals of entrepreneurial producers with the needs of the populace.

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Markets vs. Socialism: Why South Korean Healthcare Is Outperforming Italy with COVID-19

Global EconomyHealth

Blog03/13/2020

The Italians could learn some lessons about healthcare from the South Koreans, who still maintain a robust private market in health insurance.  Although the Koreans have relatively ample resources for COVID-19 patients, Italy's state-dominated system is quickly running out of options.

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California Heads toward Disaster with Yet Another Rent Control Ballot Measure

Price ControlsPrivate Property

Blog03/07/2020

Rent control looks good in the short run, but over time it means less housing and higher real costs for most ordinary people.

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Why Bad GDP Metrics Lead to Bad Policy

Booms and Busts

Blog01/22/2020

Our flawed economic measure called GDP leads to a flawed and skewed view of the economy in which consumer spending is the most important metric.

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