Mises Wire

James Talocka

No matter what levers are pulled by the fiscal and monetary authorities, stones will not be turned into bread.

Lee Friday

Although politicians lecture private companies for raising prices, it is governments that have for decades raised the prices of goods and services by limiting supply and raising costs.

David Gordon

It isn’t a good argument against Austrian economics that someone might come up with a science that made better predictions. You have to show us the science, so that it can be compared with praxeology. Suffice it to say that this hasn’t been done.

Fabrizio Ferrari

Far from being a sign of alleged capitalist brutality, the spread of international trade and market freedom is a sign of greater global cooperation and solidarity.

Ryan McMaken

At some point in early April, the official narrative switched form "don't let hospitals get overwhelmed" to "you're locked down for years until there's a vaccine."

Francesco Brunamonti

Governments can increase GDP numbers simply by spending more, and this can reduce debt as a percentage of GDP. But what if we calculate GDP using only private spending?

Douglas French

Although many claim "nobody saw this coming," some entrepreneurs planned ahead and also have found ways to cater to customers under new conditions.

Nicolas Russo

The current crisis for airlines is even worse than it was after 9/11.

Ryan McMaken

Police have long shown a preference for enforcing petty laws against petty offenders. After all, real violent criminals fight back. The current COVID-19-induced crackdown on business owners has made things even worse.