Mises Wire

Progressives and the Origins of the Economic "Consensus"

ProgressivismInterventionismOther Schools of Thought

Blog2 hours ago

Why economics abandoned the analysis of human action in favor of Keynes-inspired math-centered economics.

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Three Ways Lockdowns Are Costing Human Lives

Big GovernmentHealth

Blog05/29/2020

If we do not correctly take into account the opportunity cost, in terms of lives that can be lost from lockdowns, then we will most likely continue to make bad decisions in the future.

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Politicians' COVID Mania Ravages Maryland

Media and CultureThe Police State

Blog05/28/2020

James Bovard reports form Maryland, where the COVID-19 lockdowns have decimated employment and the rules only apply to powerless ordinary people. Cops and politicians can do as they like.

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COVID Ethics: It's Immoral to Confine Innocent People Who Might Be a Threat

HealthStrategyPhilosophy and Methodology

Blog05/27/2020

The possibility that someone might pose a threat to another at a future time is not sufficient reason to revoke a person's property rights.

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It Seems That Everyone Who Isn't a Hard-Core Leftist Is a "Libertarian"

It seems that if you're mildly against the drug war and sky-high taxes, you're a "libertarian" to many left-wing commentators—even if you also support programs like "universal basic income" and renewable energy boondoggles.

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Three Ways the Coronavirus May Significantly Accelerate Political Decentralization

Big GovernmentDecentralization and Secession

Blog05/22/2020

Although national tragedies tend to bring a country together, it seems clear that the coronavirus will leave America as divided as it has been in modern history.

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Why an Economy Can't Work without Market Prices

Calculation and KnowledgePrices

Blog05/21/2020

Prices determined in the marketplace are absolutely essential to a functioning economic system.  This is no less true if today's property was redistributed unjustly in the past. Market prices today are the path to recovery.

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A Global Race to the Bottom: How Central Banks Are Responding to the COVID Crisis

Booms and BustsFinancial MarketsMonetary Policy

Blog05/21/2020

Now, more than ever, we're in uncharted waters when it comes to central banks and monetary policy. Economist Brendan Brown takes a look at where we are and what the future might hold for central banks' race to the bottom.

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