Mises Wire

Eurozone unemployment would be close to 11 percent if we used the same calculation as the United States.

Money printing—even at a constant rate—is going to generate the same result as any other money printing. The reason lies in the fact that money creation transfers wealth from productive to unproductive enterprises.

In an unhampered economy, stock prices would reflect the availability of savings for investment and capital. But in an inflationary economy, rising stock prices suggest something very different.

Global health bureaucrats would have a much easier time if they could force "renegade" countries like Sweden into line with the power to force a uniform health policy on everyone.

The new progressive world order is little more than the latest version of the socialist revolutions pushed in the Old World. But this agenda is cloaked in promises of "efficiency" and "sustainability."

In the thinking of many experts, all problems and solutions are geared to the mindset of central planners—of people like themselves. Climate scientists mistakenly believe themselves solely qualified to determine public policy for everyone else.

The true cost of covid-19 lockdowns has become so apparent that even WHO officials must now admit these policies lead to mass impoverishment and immense cost in terms of human lives and human health.

Mises in 1944: "The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production."

It seems the reach and influence of central banks has never been higher, yet they are increasingly flying blind in an environment where central bank tools are growing ever more imprecise and dangerous.