Political Entrepreneurship and the Economics of Wealth Destruction
Recorded at Mises University 2016.
Recorded at Mises University 2016.
Benjamin Powell explains how so-called sweatshops are an essential tool in combating poverty in the developing world.
Allow discrimination for anybody for any reason so that those who discriminate for the "wrong" reasons are naturally removed from the market.
Central bankers are moving heedlessly toward what Ludwig von Mises called "crack-up boom."
The USDA helps politically connected interest groups crush the competition.
Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.
Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.