Malachy McDermott

Malachy McDermott has a degree in economics from University College, Dublin in Ireland.

All Works

Government Debt Is Starting to Look Almost as Sketchy as Payday Loans

07/28/2021Mises MediaMalachy McDermott

As government seek ever larger amounts of debt to finance more spending, they're embracing huge debt levels in the way a broke consumer might embrace payday loans. In the end, we're left with nothing but a flimsy promise to pay.

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Government Debt Is Starting to Look Almost as Sketchy as Payday Loans

Taxes and Spending

Blog07/10/2021Malachy McDermott

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Sarah Everard's Murder Exposes a Big Problem with British Policing

Politics

03/19/2021Power & MarketMalachy McDermott

In the wake of the brutal murder of Sarah Everard, Boris Johnson’s government has fallen into the twin perils of modern conservatism in relation to policing: heavy-handed police tactics and promises of further spending. With the prime suspect being a police officer in the murder, UK confidence...

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Deregulate the Policing Market

Decentralization and SecessionPolice State

02/23/2021Power & MarketMalachy McDermott

Government police in the UK are deeply concerned about dog napping even as only 7.8 percent of reported crimes end in a conviction. Apparently, the monopolist police need more time to concentrate on real crime. Private police could surely handle the rest.

How Markets Turn Lousy Products into Great Ones

CoordinationThe EntrepreneurValue and Exchange

02/16/2021Mises MediaMalachy McDermott

Centrally planned economies often stick with terrible ideas for many years. But markets can take bad products, learn from them, and turn them into great products that give the public what it wants and needs.

Profiles