The Six Lessons of Mises

a reflection of Public Policies in Times of Pandemic

Authors

DOI:

https://doi.org/10.30800/mises.2021.v9.1388

Keywords:

public policy, pandemic, economic freedom principles

Abstract

From the perspective of the market as a process, the market only exists to the extent that exchanges take place. So, what is better in times of social isolation: intervene to ensure that the market works or let the market freeze freely? Moreover, to what extent is it possible to intervene in the market in times of pandemic, preserving the principles of economic freedom? Based on the principles of cooperation and economic calculation proposed by Mises, the objective of this paper is to analyze the possibilities of public policy in a situation of social isolation. Among the main public policy devised in this time of the pandemic, the following measures have provided the continuity of the market process: credit, tax deferrals, and emergency assistance or paycheck protection program. The concern with the preservation of the economic calculation extends to all supply chain linkages, including final customers, for to companies continue to do their economic calculation.

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Author Biography

Dimária Silva e Meirelles, Universidade Presbiteriana Mackenzie, São Paulo, São Paulo, Brasil

Economista, Mestre e Doutora em Economia Industrial e da Tecnologia. Professora do Centro de Ciências Sociais e Aplicadas, Universidade Presbiteriana Mackenzie, vinculada ao Programa de Pós-Graduação em Administração de Empresas. Linha de Pesquisa: Criação, Configuração e Apropriação do Valor em Serviços Mediados pela Tecnologia.

References

BARBIERI, F. O processo de mercado na escola austríaca moderna. Dissertação (Mestrado em Economia ) – Pós-Graduação em Economia, Universidade de São Paulo, São Paulo, 2001.
GEREFFI, G.; FERNANDEZ-STARK, K. Global Value Chain Analysis: a primer. Center on Globalization, Governance & Competitiveness (CGGC), Duke University, Durham, Noth Carolina, 2011
HAYEK, F.A. Os erros fatais do Socialismo – Por que a teoria não funciona na prática. Faro Editora, 2019.
MISES, Ludwig von. As seis lições. São Paulo: Instituto Ludwig von Mises Brasil, 2009. https://mises.org.br/Ebook.aspx?id=16
OECD. Economic Outlook, v. 2020, Issue 1, p. 1-336, Paris: OECD, 2020.
SILVA E MEIRELLES. Teorias de mercado e regulação: por que os mercados e o governo falham? CADERNOS EBAPE. BR, Vol. 8, No. 4, 2010: p. 644-660.

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Published

2021-06-01

How to Cite

1.
Silva e Meirelles D. The Six Lessons of Mises: a reflection of Public Policies in Times of Pandemic. MisesJournal [Internet]. 2021 Jun. 1 [cited 2024 Dec. 3];9. Available from: https://www.misesjournal.org.br/misesjournal/article/view/1388

Issue

Section

IV Fórum Mackenzie de Liberdade Econômica