Why Central Bank Stimulus Cannot Bring Economic Recovery
Merely increasing demand does not increase production or produce wealth.
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.
The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.
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.
Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage.
The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.
When governments spend, regulate, and tax, they decrease household take-home pay while diverting savings and investment to the government class.
Although Frédéric Bastiat disproved it years ago, many still believe that natural disasters increase economic growth.
The first-ever libertarians were the Levellers, an English political movement active in the seventeenth century.