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Works Published inMises Daily ArticleQuarterly Journal of Austrian Economics
Dr. Antony P. Mueller is a German professor of economics who currently teaches in Brazil. Write an e-mail. See his website and blog.
MMT is presently one of the most dangerous economic ideas out there, and should consequently attract our utmost attention.
Austerity need not be painful when the contraction of the public sector is accompanied by the expansion of the private sector. Thus, the real solution lies in fostering more progress in entrepreneurship and private ownership.
Before wealth can be redistributed by the state, it must first be produced. But welfare-state policies end up destroying the very wealth which is necessary for redistribution.
The endpoint of the existing system of party democracy, social welfare, and state capitalism is state bankruptcy, misery, and suppression.