Italy’s Central Bank Admits Wealth Redistribution Leads to Corruption
“Corruption is a regular effect of interventionism,” Ludwig von Mises once wrote, and we see this principle at work today in the European Union.
“Corruption is a regular effect of interventionism,” Ludwig von Mises once wrote, and we see this principle at work today in the European Union.
European bureaucrats thinks tax rates should be similar across the zone. But they naturally want all tax rates to "harmonize" at high rates, like those in France.
The answer to why people continue to work in such deplorable conditions is pretty simple: they don’t have any other options.
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
China's so-called "unfair" trading practices really hurt China more than they hurt American businesses.
As planned by Chavez, barter is indeed replacing currency transactions throughout the economy but with hardly the results the late socialist envisioned.