What the COVID-19 Crisis Means for Europe and the Eurozone

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April 29, 2020

By Jörg Guido Hülsmann

What the COVID-19 Crisis Means for Europe and the Eurozone

"It is fundamentally wrong to put the entire economy at the service of a single goal and to commit to a single solution. Human action always involves weighing up different goals and different means."

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By Michael J. Hoffman

We Don't Know If the COVID-19 Shock Will Be Inflationary or Deflationary

Government restrictions on production are driving prices up as unemployment drives them down. It's impossible to say now whether price inflation or price deflation will be the predominant factor in the crisis's next phase.

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By Ryan McMaken

New York vs. Texas: NY Has Nearly 50 Times More COVID-19 Deaths Per Capita

New York and New Jersey have produced more COVID-19 deaths than the rest of the country combined. So politicians have repeatedly claimed that the nation is "two weeks behind New York" to drum up support for extreme lockdown measures.

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By Robert Aro

The Paycheck Protection Program: Paying People Not to Work?

The stimulus packages being handed out across this world provide us with an opportunity to document the anticapitalist process as it unfolds in real time, keeping in mind that when these inflation schemes fail, it will likely be blamed on capitalism.

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