Mises Wire

Calculating GDP Correctly

Other Schools of Thought

Blog08/12/2020

There are many reasons we should be skeptical of the GDP statistic. But it is nonetheless important to understand how it is calculated.

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Collecting Old Coins Taught Me to Never Trust the Government

Monetary PolicyU.S. History

Blog07/02/2020

Old coins vaccinated me against trusting politicians long before I grew my first scruffy beard. I began collecting coins when I was eight years old in 1965, the year President Lyndon Johnson began removing all the silver from American coins.

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COVID-19 Lockdowns are Neither Necessary, nor Scientific, nor Helpful

Bureaucracy and RegulationHealth

Blog06/15/2020

What proponents of lockdowns mean by “follow the science” is that statements made by scientists should be accepted as axioms. An obvious problem exists when scientists make conflicting statements.

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COVID Ethics: It's Immoral to Confine Innocent People Who Might Be a Threat

HealthStrategyPhilosophy and Methodology

Blog05/27/2020

The possibility that someone might pose a threat to another at a future time is not sufficient reason to revoke a person's property rights.

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Calls for Central Planning in the COVID-19 Panic Are like the Calls for the "War Socialism" of Old

SocialismWar and Foreign Policy

Blog04/11/2020

Ludwig von Mises explained how "war socialism" doesn't win wars. Similarly, "COVID-19 socialism" won't win the "war" on disease.

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Central Bankers Are Running Out of Options

Corporate WelfareMoney and Banks

Blog03/24/2020

Central bankers are panicking, and their solutions range from "buy everything that moves" to pushing interest rates even further into negative territory. Yet this doesn't seem to be helping much.

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Coronavirus: Central Banks Stand Ready with More "Stimulus"

Financial MarketsGlobal EconomyMonetary Policy

Blog03/03/2020

There are echoes of the 1973 oil shock in the current virus scare and resulting economic seize-up. Central banks are likely to respond similarly: with "stimulus" and inflation.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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