Works Published inMises Daily Article
Justin Murray received his MBA in 2014 from the University of St. Gallen in Switzerland.
The length, scale, and scope of such downturns are greatly expanded under a system of fiat credit expansion.
Money and BanksU.S. Economy
100-year bonds push government debt onto future taxpayers who haven't even been born yet. And they also show the government has no intention of actually paying its debts.
Legal SystemU.S. History
The vast majority of recorded hate crimes fall into a number of activities that normally fall under misdemeanor or even civil categories. The real and far-more-common threat continues to be regular ol' ordinary violent crime.
EU regulations greatly increased costs for British Steel, and eventually doomed the company. And British Steel would have become insolvent even if the Brits had never voted for Brexit.
Money and Banks
Central banks' efforts to artificially stabilize interest rates encourages greater risk-taking by banks, and contributes to instability in the banking sector.