Mises Wire

The global "elites" of the World Economic Forum seek a "Great Reset" that will usher in a new and far more powerful technocracy defined by central planning and the end of freedom as we know it.

The highly regulated, protectionist Japanese economy, and an overall collectivist culture, leaves little room for flexibility in executive pay. This makes Japanese businesses less competitive, and work life more miserable.

Economist James Buchanan thinks that a state is necessary, because people wouldn't be able to agree on the boundaries of their rights.

Economic growth results from increasing production, and the money supply is always sufficient to foster exchange. The boom-bust cycle only occurs when production is distorted by a growing money supply.

Debt matters, even if interest rates are low. Increasing debt and spending means lower growth and weaker real wages in the future.

If there is a new dawn, it is for the Sinicization of Europe—China-style stimulus administered alongside a severely ailing financial system kept whole by widespread financial and monetary repression.

Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.

Cryptocoins aren't entirely anonymous, and the state is hard at work gathering as much information as it can on all crypto users.

Contrary to the popular narrative that government police establish law and order, there is good reason to believe that the advent of militarized police in the 1800s led to an escalation of riots and political corruption while offering little law or order.

A survey of the research shows that the science of mask wearing is hardly "settled." And this up-in-the-air nature of it all is a reminder of how immoral it is to impose mandates on people, backed with state violence.