COVID Ethics: It’s Immoral to Confine Innocent People Who Might Be a Threat
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.
Mises Wire
Coronavirus Propaganda Mimics War Propaganda
Propaganda kills, but it also works. Many of the same tactics employed to destroy opposition to the Iraq War are being used today against opponents of lockdowns.
The Fed Is Doing “Whatever It Takes” to Prop Up the Economy. That’s a Very Bad Thing.
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.
How We Might Respond to a Pandemic Were Society Not So Dominated by the State
The state currently enjoys a vastly unbalanced share of the power within a society, such an arrangement is not in any way preordained, and the assumption that it must be betrays a narrowness of vision and a lack of historical knowledge.
The Folly of “Ask What You Can Do for Your Country”
Governments often demand that you "ask what you can do for your country," but those governments never guarantee us anything in return for our sacrifice.
The Big Reason Mises Rejected Marx’s Dialectical Materialism
The weird thing about dialectical materialism is that Marx seems to have cobbled it together from two philosophies that contradicted each other.
To Prevent Problematic Inflation, We Need More Production. Which Means There’s Trouble Ahead.
Price inflation is so difficult to predict, because there are so many moving parts: money supply, demand, money velocity, and supply of goods and services.
Central Banks Are Destroying What Was Left of Free Markets
The Fed and other central banks are entering into a huge money-printing experiment in hopes of keeping the government-spending machine going at full speed forever. The unintended consequences will be highly destructive.
It Seems That Everyone Who Isn’t a Hard-Core Leftist Is a “Libertarian”
It seems that if you're mildly against the drug war and sky-high taxes, you're a "libertarian" to many left-wing commentators—even if you also support programs like "universal basic income" and renewable energy boondoggles.
Why Official Inflation Measures Don’t Work
In theory, it is possible to adjust inflation measures to account for the many constant changes in prices resulting from changing demand, quality, and innovations. But it's essentially impossible to execute these adjustments accurately.
