intervention into the U.S. economy. The American recovery was slower than in most European nations; by 1937 Great Britain’s unemployment rate had declined to 10.3 various price-fixing schemes in labor markets, principally for the benefit of unions. The 1933 National Industrial Recovery Act first fixed wages at above-market levels, and then required (via the “code authorities”) all unionized businesses to fix their prices at higher levels. Work weeks were shortened
concepts of the Eurasian ‘pivot areas’...and, later, of the Central-East European ‘heartland’ as the pivotal springboards for the attainment of continental occupation. The United States holds strong salients on the peripheries of both Europe and Asia: in Europe, through the Nato Alliance, and in Asia, through our is in a position to damage our interests. Owing to the collapse of the Soviet Union, “Russia’s international status was significantly degraded, with one of the
also got to ask what will happen if the euro becomes the common currency of the EuropeanUnion,” he said. “Will its members replace their dollar reserves with euros?” A big
careers they financed and promoted. The eradication of the Plains Indians by the Union army was an indirect form of corporate welfare for politically connected today, the Indians were victims of governmental power, not of capitalism or European culture, as today’s politically-correct historians insist. In July 1865, after: resisters to the legitimate forces of an ordered society.” Many other Union officers “such as Philip Sheridan, George Armstrong Custer, John Pope, Benjamin
keep inflation low. That’s in contrast to most Third World countries. Even Western Europe, which is far from Third World status, has a long history of monetary quickly.’’ Some think the euro might take a bite out of dollar demand. ‘’The European Monetary Union is explicitly trying to get some of the dollar’s market,’’ said Jeffrey
he was frustrated that no one could put new programs in place anymore. Labor unions endorse virtually any platform they believe offers protection from plant of the bureaucratic managerial class was an outgrowth of socialist-leaning European governments that aimed specifically to eliminate the influence of the
he was frustrated that no one could put new programs in place anymore. Labor unions endorse virtually any platform they believe offers protection from plant of the bureaucratic managerial class was an outgrowth of socialist-leaning European governments that aimed specifically to eliminate the influence of the
of the Uruguay Round was trade and labor standards. The United States and the EuropeanUnion were among those seeking the international ratification of minimum labor standards regarding freedom of association; the right to form unions; the prohibition of forced labor; the end of child exploitation; and
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
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