Interventionism

Benjamin Powell explains how so-called sweatshops are an essential tool in combating poverty in the developing world. 

Recorded at Mises University 2016.

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.

Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing.

Central planning relies on successfully predicting the future. Unfortunately for central planners, this is an impossible task.

Our most popular articles from June.