Mises Daily
Author:
John P. Cochran
Online Publish Date:
As highlighted by David Henderson and Peter Boettke , markets and competition are like weeds, not delicate flowers. Economies recover even from severe boom-bust episodes and despite growth-retarding regime uncertainty. Even burdensome regulation, per Pierre Lemieux , causes a “slow-motion collapse” or stagnation, not a crash. But one thing can be