Without Easy Money, the Tech Sector Faces Layoffs and Losses

Tags Booms and BustsProgressivismU.S. Economy

11/27/2022Ryan McMaken

Narrator:

Cheap money in the last decade has meant good times for companies that barely make money and hire employees who barely work. But those times are now ending.

Original Article: "Without Easy Money, the Tech Sector Faces Layoffs and Losses"

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Author:

Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities and Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.