Mises Wire

Evergrande Isn't China's "Lehman Moment." It Could Be Worse than That.

Money and Banks

Blog09/25/2021

The problem with China is that the entire economy is a huge indebted model that needs almost ten units of debt to generate one unit of GDP, three times more than a decade ago.

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Europe Faces a Fragile Economy as the Merkel Era Ends

Money and Banks

Blog09/22/2021

A euro collapse, rather than gas prices and bottlenecks, is the most likely source of sustained high CPI inflation in Europe following the Merkel era.       

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Egypt's Bread Subsidies May Bring Millions to the Brink of Starvation

Global EconomyWorld History

Blog08/17/2021

Most Egyptians have lived their whole lives in a country where the government heavily subsidizes bread prices. But now the deeply indebted Egyptian state faces some tough choices, and Egypt's poor may suffer the most.  

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End the Shutdown, Again

HealthStrategyPolitical Theory

Blog08/04/2021

If every new virus or variation warrants shutdowns or new vaccines, we will face an unending dystopian hellscape of state intervention in our medical decisions.

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Eco-imperialism: The West's New Kind of Colonialism

The Environment

Blog08/03/2021

Western intellectuals are trying to tear down symbols of traditional colonialism. Yet the West still continues a form a colonialism in Africa: eco-imperialism. 

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Experts Said Ending Lockdowns Would Be Worse for the Economy than the Lockdowns Themselves. They Were Wrong.

U.S. History

Blog07/02/2021

The experts claimed that if any state ended its stay-at-home orders “prematurely,” its economy would become even more devastated than if it remained locked down. The experts were wrong. 

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Entrepreneurs Are Motivated by Profit, Not Risk

The Entrepreneur

Blog06/02/2021

A capitalist never chooses that investment in which, according to his understanding of the future, the danger of losing his input is smallest. He chooses that investment in which he expects to make the highest possible profits.

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Economic Cannibalism Will Not Save Mexico, or Any Other Country

Central Banks

Blog05/29/2021

It seems absurd to have to point out that economic cannibalism, even in the face of a virus, cannot produce anything but devastation, but alas, we live in absurd times. 

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