Central Planning in the COVID-19 Panic Is like the "War Socialism" of Old

View this email in your browser

April 13, 2020

By Philipp Bagus

Calls for Central Planning in the COVID-19 Panic Are like the Calls for the "War Socialism" of Old

Ludwig von Mises explained how "war socialism" doesn't win wars. Similarly, "COVID-19 socialism" won't win the "war" on disease.

READ ARTICLE

By David Gordon

A Puzzle about Mises and Conscription

Not only are conscripts enslaved, often under brutal conditions, they can be sent to die in battle. Mises opposed conscription, but there was an exception.

READ ARTICLE

By Frank Shostak

Even If the Fed Keeps Pumping Money, We May Still See Deflation

It is tempting to assume both money supply inflation and price inflation will come soon as the central banks pump new money. But if banks aren't lending because the economy is in disarray, the money supply may actually shrink, and prices may even fall.

READ ARTICLE

Jeff Deist | Mark Thornton

Human Action Part Four with Dr. Mark Thornton

If you've wanted to read Human Action, this is your opportunity to hear it explained by great economists and scholars!

LISTEN HERE

Donate Today

You are receiving this email because of your interest in the Mises Institute.
Read More at Mises.org | Subscribe | Add us to your address book

Our mailing address is:
Mises Institute
518 West Magnolia Avenue
Auburn, Alabama 36832

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.