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Toggle navigation Blog Mises Wire Books Podcast Video Events Store Subscribe Graduate Program Ver en Español Stay Connected GO SUPPORT MISES JOIN OR RENEW TODAY SUPPORT MISES JOIN OR RENEW TODAY A Global Race to the Bottom: How Central Banks Are Responding to the COVID Crisis Blog 16 min ago Brendan Brown 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. We’re All in This Together. But Not in the Way You Think. Blog 05/20/2020 Robert Blumen Some claim "the rich" will be fine—or even better off—after the COVID panic destroys the economy for most of us. But there’s a problem: the wealthy depend heavily on an economy fueled by the production and consumption of all workers and entrepreneurs. 1 2 Previous Pause Next The Shutdown May Soon Collapse in Pennsylvania Thanks to Local Resistance Blog 05/18/2020 Zachary Yost With such chaos, confusion, and incompetence playing out, it is little wonder that more and more Pennsylvanians are refusing to obey lockdown decrees. Do Lockdowns Work? Mounting Evidence Says No Blog 05/20/2020 Ryan McMaken Most of the world’s regimes enthusiastically destroyed their economies and consigned millions to destitution (and a rising tide of resulting health problems) in pursuit of a trendy and unproven theory. There’s still not evidence that the lockdowns worked. The Japanese Love of Keynesian Economics Might Finally Be Coming to an End Blog 05/20/2020 Jason Morgan Decades of Keynesian policy have crippled the Japanese economy. Only a turn toward free markets offer a real way out. Let’s Hope Deflation Is Headed Our Way Blog 05/20/2020 Frank Shostak Central banks have decided that one of their main missions is to prevent deflation. But this only ends up causing the malinvestments that lead to economic busts. Krugman: We Need More Unemployment—to Save Us from Unemployment Blog 05/19/2020 William L. Anderson Paul Krugman is now claiming that reopening the economy and allowing people to go to work almost surely will cause a depression. How Modern Economics Has Lost Its Way: It’s All About the "Unseen" Blog 05/19/2020 Per Bylund The difference between modern economics and proper economic thinking lies in taking the step that comes after arriving at the "unseen," to the "unrealized." Hacksawing the Economy: How Lockdowns Are in the Tradition of Civil War Surgeons Blog 05/19/2020 James Bovard Hacking off soldiers’ limbs was a favorite technique of Civil War surgeons, largely because doctors wanted to avoid blame for later cases of gangrene. So doctors erred on the "safe" side. Many patients may have disagreed. Read More at Mises Wire Podcasts Krugman: We Need More Unemployment—to Save Us from Unemployment 05/20/2020 William L. Anderson Booms and Busts Labor and Wages Other Schools of Thought The School Closures Are a Big Threat to the Power of Public Schools 05/20/2020 Ryan McMaken Education View All Podcasts Library Rothbard Books Mises Books Econ 101 Understanding Money Mechanics Money and Banking View Full Catalog Power & Market Blog CDC: Excess Deaths for Week Ending April 18 Were up 24 Percent 05/19/2020 Ryan McMaken Was Eugen von Böhm-Bawerk the GOAT? 05/18/2020 Joseph T. Salerno Uncovered Audio of Eugen von Böhm-Bawerk from 1905 05/18/2020 Tho Bishop Don’t Forget about the TALF! 05/15/2020 Robert Aro Another 2 Million Americans File Unemployment Claims, Bringing Total to 33 Million 05/14/2020 Ryan McMaken Swiss National Bank Q1 2020: $94 Billion in US Equities 05/13/2020 Robert Aro Read the Power & Market Blog Upcoming Events Mises Meetup in Birmingham, Alabama 06/06/2020 Birmingham, Alabama Rothbard Graduate Seminar 2020 06/07/2020 Auburn, Alabama Mises University 2020 07/12/2020 Auburn, Alabama Mises Institute in Orlando 08/29/2020 Orlando, Florida Supporters Summit 2020 10/08/2020 Jekyll Island, Georgia 85th Birthday Party for Ron Paul 11/07/2020 Lake Jackson, Texas Austrian Economics Research Conference 2021 03/19/2021 Auburn, Alabama View All Events Why I Support Mises With the help of our extraordinary supporters, the Mises Institute is the world’s leading supporter of the ideas of liberty and the Austrian School of economics. 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