Mises Daily

The Private Equity Boom, Easy Money, and Crony Capitalism

Mises DailyJanuary 24, 2015
One essential feature of private equity is the taking advantage of economies of scale in cronyism, and politicians hope private equity will provide them high-paid jobs when they quit Washington.

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How Greek Default May Still Unravel the EU

Mises DailyJanuary 23, 2015
The Greeks may still default, and that would mean big trouble not so much for Greece as for other EU member states who will be on the hook for even more bailouts.

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