Big Government

The people who really run the country are unelected "experts" and bureaucrats at the central banks, at public health agencies, spy agencies, and an expanding network of boards and commissions.

Debt-ridden countries such as Italy will come to rely more and more on Germans and other northern Europeans to finance their debt. This will require a more unified Europe. Or the whole thing may collapse.

We continue our survey of Human Action by finishing up Part Six of the book, Mises's analysis of interventionism.

The lockdowns of the past month have not been conducive to the common good. While they have saved the lives of many people, they have also endangered—and are still endangering—the lives and livelihoods of many others. They have created a new and dangerous political precedent.

Bob Murphy tackles some Keynesian and MMT fallacies that have resurfaced in light of the response to the coronavirus.

As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.

As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.

Dr. Peter Klein breaks down Part Six of Human Action, offering insights into Mises and "the Hampered Market Economy." This is a conversation you don't want to miss! 

If we're serious about maximizing the resources needed to combat COVID-19, we need an economy that is deregulated and flexible.