Mises Wire

The False-Positive Panic over COVID-19

HealthMedia and Culture

Blog07/16/2020

False positives and false negatives remain a very large problem. Our current testing regime has alarmed the planet without contributing a health benefit.

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The Problem with Government "Contact Tracing"

Big GovernmentHealthTaxes and Spending

Blog06/29/2020

The government's plan for "contact tracing" to prevent the spread of COVID-19 relies on huge amounts of government spending, plus unproven science as to the nature of the disease.

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The Fed Is Doing "Whatever It Takes" to Prop Up the Economy. That's a Very Bad Thing.

InflationMonetary PolicyInterventionism

There's now no difference between monetary policy and other government programs designed to prop up firms, industries, and other favored groups. The Fed is simply another government planning agency.

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Testing Deregulation Can Help Fight COVID-19

Decentralization and SecessionHealth

The fight against COVID-19 would benefit from a comprehensive deregulation of the market for testing. A brief look at India shows the damaging roadblocks to solutions that regulations impose.

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The Coming Whiskey Bubble?

Booms and Busts

Blog08/24/2019

Whiskey production depends on investment in highly specific capital, and it requires a long time horizon. It's a textbook case of the sort of industry that's likely to suffer most in case of an economic bust.

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The Zombie (Company) Apocalypse Is Here

Booms and BustsBusiness Cycles

Blog06/21/2019

The world now has the impossible choice of permanently reduced productivity and slower economic growth — or the mass bankruptcy of a significant percentage of the economy.

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The EU Is "the Embodiment of Bureaucratic Hubris"

Global Economy

The EU retreated from the ideas of free trade, free markets, and competition and turned its attention, resources and intentions towards developing a bureaucratic, regulatory, planning economy approach.

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The Data Don't Speak for Themselves

Blog03/23/2019

Problems with data are yet another reason why empirical science is never “settled.”

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