Global Economy

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How Central Banks Are Bleeding the Middle Class Dry

Global EconomyMoney and BanksMoney and Banking

Pension funds, savings accounts, and insurance funds — all essential middle class tools for savings — are seeing their yields dry up.

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The Week in Review: August 20, 2016

Global Economy

Blog08/19/2016

Central bankers have become enablers to debt-addicted governments.

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Does the UK Need Even More Stimulus?

Global EconomyMoney and BanksMoney and Banking

Blog08/17/2016

Government is not a wealth-creating entity, and more stimulus will not help the economy. In fact, more stimulus will hurt the wealth creation process.

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Price Controls Are Disastrous for Venezuela, and Everywhere Else

Global EconomyInterventionismPrices

Blog08/16/2016

Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.

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5 Reasons Why Austrian Economics Is Better than the Mainstream

Global EconomyAustrian Economics OverviewBusiness Cycles

Blog08/15/2016

Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.

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Brazil's Olympics: Cronies Feast while the People Starve

Corporate WelfareGlobal EconomyMedia and Culture

Blog08/08/2016

The Olympics is one big party for politically-connected millionaires and other "elites" at the expense of ordinary taxpayers.

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The Week in Review: August 6, 2016

Global EconomyU.S. EconomyAustrian Economics Overview

Blog08/05/2016

Disappointed with weak growth worldwide, central banks look poised to crank out more easy money.

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The FDA’s Cigar Fascism

The EntrepreneurGlobal EconomyU.S. HistoryMonopoly and Competition

Blog07/26/2016

New FDA regulations — like most crony capitalist regs — will help large established businesses while hurting smaller ones.

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Britain's Minimum Wage Short-Changes Young Workers

Global EconomyCalculation and KnowledgePrices

Blog07/21/2016

In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.

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America Needs a Good, Old-Fashioned Economic Depression

Global EconomyFiscal TheoryInterventionism

Blog07/21/2016

Central bankers are moving heedlessly toward what Ludwig von Mises called "crack-up boom."

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