Interventionism

Politicians won’t admit that quantitative easing and fiscal stimulus have unquestionably failed to produce a rapid recovery over the past five years.

In 1946, as now, the government held up the threat of deflation to justify a policy of ultra-low interest rates.

To prevent future economic pain, what is required is the closure of all the Fed’s means of creating money out of “thin air.”

Even mainstream empirical data shows that the Phillips Curve is wrong and that inflation does not cure unemployment.

Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage, writes Benjamin M. Wiegold.

Merely increasing demand does not increase production or produce wealth.

Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments.

Government intervention in health care has driven up health care prices. Mainstream journalists choose to focus on profits and “greed” as the problem.

Inflation puts a brake on social mobility: the rich stay rich (longer) and the poor stay poor (longer) than they would in a free society.