Our Brave, New, Leveraged World

Tags: Business Cycles, Booms and Busts

02/05/2015 Mises Wire Christopher Westley

According to a new report just out by McKinsey, global debt has increased by $57 trillion since the Great Recession, outpacing world GDP growth during this time period.

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Milei’s Political Caste

11/05/2024 Power & Market Oscar Grau

All government agencies intervene in people’s lives and liberty. The entire government bureaucracy exists precisely to do that. These agencies have an impact on social life and facilitate government...

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Both presidential campaigns are making outlandish promises in the waning hours before election day. Kamala Harris claims she will stop corporate price gouging with government force. The legislative...

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Within the social order, characterized by the division of labor and private ownership of the means of production, there exists instances of human action—purposeful behavior—whose origins consist in...

No State Has a Right to Exist. That Includes the State of Israel.

11/06/2024 Power & Market Ryan McMaken

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Meet the Writer

Christopher Westley

Christopher Westley a professor of economics in the Lutgert College Business at Florida Gulf Coast University and an...

Augusto, Milton, and Me: Reflections on a Trip to Chile

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On a recent jaunt to the end of the world, I found myself in one of those situations awkward for an Austrian economist, which is that of defending the Chicago school and Milton Friedman. As a result...

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If you follow financial news related to Fed policy, you would have noticed a recent push for the use of “a new monetary tool,” called countercyclical capital buffers. Some prominent Fed officials and...

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