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Week in Review: May 20, 2017

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Tags Big GovernmentGlobal EconomyTaxes and SpendingWar and Foreign Policy

05/19/2017

The tsunami of government spending and easy-money monetary policy shows no sign of letting up. In spite of many claims of strong economic growth, the world's central banks refuse to do much at all in terms of scaling back their huge balance sheets or their rock-bottom interest rates. Not coincidentally, household debt has now returned to pre-recession levels in the US while government spending on everything from firemen to foreign wars continues unabated. 

And not surprisingly, well-funded governments have all the money they need to put more non-violent people in jail, as AG Jess Sessions wants to do, and expand the drug war even over the protests of the states themselves

The Mises Institute is excited to return to Seattle this weekend, discussing the "House of Cards: Has the US Economy Recovered?" Our terrific lineup of speakers include: Doug Casey, Tom Woods, Walter Block, Bob Murphy, and Jeff Deist. If you can’t attend the event in person, watch it live at Mises.org/live.

And in case you missed them, here are this weeks Mises Wire articles, covering a wide array of topics including libertarianism, US household debt on the rise, entrepreneurship, Venezuela's decline, net neutrality, behind the doors of our fire departments, the war on drugs, and the absurd laws governing paddleboarding.

The Mises Institute works to advance the Austrian School of economics and the Misesian tradition, and defends the market economy, private property, sound money, and peaceful international relations, while opposing state intervention.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
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