Mises Wire

The current bust has been made worse by previous periods of easy money, which destroyed the wealth creation that is critical to sustaining a growing economy.

Politicians and media have combined with an obedient and frightened electorate to abolish civil liberties and destroy the markets that are so key to fighting poverty.

Human beings do not exist to be pawns in a game of lockdowns and collective action.

The people who really run the country are unelected "experts" and bureaucrats at the central banks, at public health agencies, spy agencies, and an expanding network of boards and commissions.

If we're serious about increasing the capacity of our medical institutions, free trade and deregulation offer real solutions.

Debt-ridden countries such as Italy will come to rely more and more on Germans and other northern Europeans to finance their debt. This will require a more unified Europe. Or the whole thing may collapse.

Thomas Kuhn influenced Rothbard by demolishing the notion that the history of science is one of continual progress. The truth is that once a paradigm becomes established, its basic tenets are not questioned at all until major problems crop up.

As the federal government embarks on racking up an estimated $3.7 trillion in extra debt this fiscal year alone, it’s critical for the public to understand just how destructive such action will be.

The fight against COVID-19 would benefit from a comprehensive deregulation of the market for testing. A brief look at India shows the damaging roadblocks to solutions that regulations impose.

The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the lives and livelihoods of many others. They have created a new and dangerous political precedent.