Russell Lamberti

Articles

10/24/2019 Mises Wire Russell Lamberti Gerhard van Onselen

The net effects of the regime's economic planning is wealth destruction and perpetuation of chronic, widespread poverty. South Africa’s per capita GDP, at around $6,000 in 2019, has not increased in inflation-adjusted terms in a quarter-century.

Say’s Law: The Antidote to Countless Economic Fallacies

02/14/2017 Mises Wire Russell Lamberti

Say's Law essentially tells us that we produce in order to consume. Once we start thinking we can consume before we produce, we get into trouble.

Inflation: It’s a Wealth Redistribution Scheme

08/18/2016 Mises Wire Russell Lamberti

When new money is made, it helps those who get the new money first (usually the wealthy) — at the expense of those who get it later (the poor).

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