A Skyscraper Curse with Chinese Characteristics
This skyscraper craze is a massive misallocation of resources resulting from indiscriminate investment promotion by local governments.
This skyscraper craze is a massive misallocation of resources resulting from indiscriminate investment promotion by local governments.
Gupta states, “We have been terribly and systematically misled for nearly 70 years in the United States, and I apologize for my own role in that.”
Readers stirred to anger by the simpleminded statism of Paul Krugman will be delighted by Lott’s demolition of some of his claims.
Not surprisingly, the city government of Delray Beach is apparently doing everything it can to
drive these young entrepreneurs out of business.
A real-life example of concurrent currencies circulating absent any legal restrictions would contain some heuristic value. The real-life example is Somalia.
If banks and other financial institutions should not be too big to fail, neither should the Fed.
Archived from the live Mises.tv broadcast, this lecture was presented by Bob Higgs at the 2013 Mises University, hosted by the Mises Institute in A