Mises Wire

The Great Reset, comes straight from the socialist witch’s kitchen and represents a reissue of well-known socialist ideas in a new guise.

Across so many fields, from money to nutrition, I’ve found that the corollary to the government-heavy approach is a desire not to make choices for oneself.

Who do the moderates fear most? Not the state and its countless atrocities and injustices. No, they mostly fear the radicals.

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

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."

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.

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.