Mises Wire

If Face Masks Are Mandatory, Then It’s Time to End Mask Patents

Blog04/22/2020

Governments are set to make mask wearing mandatory in many places. Yet some companies are committed to limiting supply and charging monopoly prices thanks to government-created patents.

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Intellectual Property as the New Guild System

Bureaucracy and Regulation

Blog11/15/2019

Even if one strongly believes that IP laws are essential for creativity, it is difficult to justify the expansion of IP protections that have taken place in recent decades.

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IMF Produces Another Bogus Venezuela Inflation Forecast

Global EconomyMoney and BanksMoney and Banking

Blog08/13/2018

Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science. 

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Inflationary Double-Talk

Labor and Wages

Blog07/05/2018

Price controls, tariffs, and wage controls are politically attractive as such powers are to a ruling clique, but they make no sense economically.

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Inflation for Beginners

Money and Banking

Blog06/12/2018

Let us see what happens under inflation, and why it happens.

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