Mises Wire

Some argue that praxeology's deductions should be formalized using mathematical logic, but such an approach would be inappropriate for human action, whose axioms are known.

Even though the official unemployment rate is probably not quite as high as it was in 1933, there are reasons to believe that our labor market is currently in even worse shape economically than it was at the lowest depths of the Great Depression.

Business owners and entrepreneurs are our "meal ticket," our "golden goose." The sort of thinking that shuts them down on the whims of politicians poses grave economic threats to us all.

Central banks are at the heart of government mega–bailout packages. Their ongoing expansion of the money supply won't end well.

Governments are set to make mask wearing mandatory in many places. Yet some companies are committed to limiting supply and charging monopoly prices thanks to government-created patents.

When it comes to diseases, Anthony Fauci has a well established pattern of skipping the science phase, and going directly to press conferences and political posturing.

When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.

Wouldn’t you feel great knowing that your stock picking is fully insured by the Fed? Billionaires and wealthy hedge fund managers know the feeling.

The COVID-19 depression will expose the Las Vegas convention center bubble for what it is: a massive malinvestment.

The fact that people break curfew just proves that smaller, decentralized communities are better at organizing than a few top-down planners. Barbadian neighborhoods do a much better job of self-regulating.