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March 12, 2020
Mises Institute

By Frank Shostak

The Coronavirus Won't Be the Cause of the Next Bust, but It Will Make It Worse

Although shocks can disrupt the pace of economic activity, they have nothing to do with the phenomenon of recurrent boom-bust cycles. This requires a mechanism that persistently and systematically feeds and supports it. The only mechanism that does this is central bank monetary policy.

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By José Niño

Greater Idaho Movement Is the Latest Indicator of a Shift toward Decentralization

Recently disgruntled residents of rural counties in southwest Oregon have been organizing a petition to move Idaho’s border westward to form a “Greater Idaho” that could also potentially include parts of Northern California.

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By Ryan McMaken

If China Is the Problem, Can't We at Least Have Free Trade with Everyone Else?

Protectionists think China is a geopolitical threat. I get that. But their (weak) arguments about China don't apply at all to the rest of the world.

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By Ron Paul

Central Banking Is Socialism

Last week, the Federal Reserve responded to Wall Street’s coronavirus panic with an “emergency” interest rate cut. This emergency cut failed to revive the stock market, leading to predictions that the Fed will again cut rates later this month.

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