Mises Wire

More than Half of All US COVID-19 Deaths Occur in Only Four States

Blog03/25/2020

The effects of COVID-19 are not evenly distributed in the United States. Only certain regions are facing sizable strains on their resources. A nationwide lockdown would create huge economic costs for regions where the the costs of disease have been relatively low.

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Money Supply Growth Climbs to 37-Month High

Money Supply

Blog03/17/2020

The money supply metric is following the usual pattern that precedes a recession and economic crisis.

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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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Modern Monetary Theory Is an Old Marxist Idea

Monetary PolicyMoney and BanksSocialism

Blog03/12/2020

Modern monetary theory (MMT) conveniently facilitates dangerous policies and ideas that seemed unrealistic, like universal basic income and “helicopter money,” and that have been particularly propagated by government-sponsored economists for the past few years. 

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Mexico's Leftist Leader Is Turning Out To Be a Disaster

Media and Culture

The last sixteen months of López Obrador's administration have been a show of incompetence, yet people continue to cling to the idea that the key to solving Mexico's problems is getting the "right people" in office.

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Michael Bloomberg: Genteel Enemy of Freedom

Big GovernmentProgressivism

Blog03/03/2020

Mayor Bloomberg is an antipopulist, and is thus, unlike Trump, a very polite and subtle authoritarian with alarming indifference to civil liberties and legal limits on his own power.

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Mises: To Adopt Keynesian Terminology Is to Legitimize It

InflationLabor and WagesMedia and Culture

Blog02/29/2020

Ludwig von Mises discusses inflation, labor unions, and issues of the adoption of improper terminology and widespread public misinformation at the Mont Pèlerin Society meeting at Princeton, New Jersey, on September 11, 1958.

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Money Supply Growth Climbs to 36-Month High

The FedFinancial MarketsMonetary PolicyMoney Supply

Blog02/28/2020

During January 2020, year-over-year (YOY) growth in the money supply was at 6.32 percent. That's up from December's rate of 5.53 percent, and up from January 2019's rate of 3.38 percent.

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