Mark A. DeWeaver

Articles

China’s New Five-Year Plan Exposes the Wishful Thinking behind Socialist Regimes

11/21/2020 Mises Wire Mark A. DeWeaver

The trouble with China’s new five-year plan is that it attempts to solve problems while leaving their underlying structural causes unaddressed. In this it is not unlike the final Soviet five-year plans of the 1980s.

The Fed’s New Policy Risks a Return of the 1970s

09/10/2020 Mises Wire Mark A. DeWeaver

The Fed has abandoned its own rules on "price stability" in order to favor what are essentially higher inflation targets. The Fed is now headed down a road it traveled in the 1970s.

Why Smarter Computers Won’t Make Socialism More Workable

08/18/2020 Mises Wire Mark A. DeWeaver

Market knowledge is generated in individual transactions and by entrepreneurial drive. No amount of technology can replace the market process.

Media

China’s New Five-Year Plan Exposes the Wishful Thinking behind Socialist Regimes

12/01/2020 Mark A. DeWeaver

Modern Monetary Theory’s Connection to Soviet-Era Money

07/20/2020 Mark A. DeWeaver

MMT starts to make a little more sense when thinking of it as comparable to money systems used under the USSR and the old Soviet Bloc.

Goverment-Subsidized Technology Won’t Save China’s Economy

06/23/2020 Mark A. DeWeaver

China’s “new infrastructure” will likely be but one more example of the false promise of technology as an antidote to the irrationality of state-controlled economies.

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