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Malachy McDermott

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

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

Taxes and Spending

07/28/2021Mises Media
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

Blog07/10/2021

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

03/19/2021Power & Market
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Deregulate the Policing Market

02/23/2021Power & Market

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. 

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How Markets Turn Lousy Products into Great Ones

CoordinationThe EntrepreneurValue and Exchange

02/16/2021Mises Media
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.
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