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This Is Not a Recession—This Is a Government-Imposed Shutdown of the Private Sector

Audio Mises Wire

Tags Big GovernmentBureaucracy and RegulationEconomic FreedomU.S. Economy

04/17/2020Hunter Hastings

We are about to enter a production slowdown—a collapse, really—not because some businesses miscalculated their investments, but because government intervened drastically and without warning to shut down all businesses.

Narrated by Millian Quinteros.

Original Article: "This Is Not a Recession—This Is a Government-Imposed Shutdown of the Private Sector"

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Author:

Hunter Hastings

Hunter Hastings is a member of the Mises Institute, Business Consultant, and co-chair of the Rescue California Educational Foundation. He is also host of the Economics for Business podcast. You can find Hunter’s writings on entrepreneurship at hunterhastings.com.