Mises Wire

When the Democratic Colorado governor slightly scaled back covid mandates, he met furious opposition from the Left. Expect these people to push mandates forever. 

Monetary inflation results in a general rise in prices, often called "price inflation." But rising prices are not always "inflation." In any case, more government regs and subsidies won't help.

Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank or the IMF. This is true even when the stated goal is advancing free markets.

The expert class embraced the failed "zero covid" plan early, claiming that covid would be eradicated if only we "lock down harder." This later morphed into "covid will be eradicated with more vaccines."

If a business raises the price of its goods and consumers (and consumers pay it) we will have here a specific price increase but not a general increase in prices. That's not inflation.

The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems.

Friday's jobs report was weak, but the most alarming datapoint is that real wages are plummeting.

In the cold light of economic reasoning, we can see that the Marshall Plan was in essence a scheme for postponing the bankruptcy of socialism and the welfare state.

In its effort to patch together a working financial system out of postwar crises, the Federal Reserve would wildly exceed its mandate, flooding the world with dollars.