12.11. Binary Intervention: Inflation and Business Cycles
From Man, Economy, and State, narrated by Jeff Riggenbach.
From Man, Economy, and State, narrated by Jeff Riggenbach.
As the old saying goes, the more expensive you are to fire, the more expensive you are to hire. Nowhere is this more apparent than on the European continent.
In a voluntary society, both parties benefit from any exchange, or it wouldn't have happened in the first place. We only want the most profitable businesses to be operational, because we will benefit the most from the best and cheapest goods.
It is the state, not consumers, that ultimately decides who will succeed or fail.
Collecting and calculating statistics for the government is not as glamorous as Al Gore makes it sound.
The sheaf of protectionist arguments, many plausible at first glance, are really a tissue of egregious fallacies.