“good” of Europe. It’s time to take complete control of your domestic and foreign policy, without interference from haughty, busybody world elites, and do what is best energy. Abandon the euro and reinstate the deutschmark . If ever there were a competition for the world’s most foolish currency bloc, the European Monetary Union
a “decisive decade” in its rivalry with China in order to preserve a long-term competitive edge. Yet, a deeper analysis shows that the US policy is rather meant to contain China’s overall technological and economic not an “infant industry” that could arguably need protection from foreign competition. Graph 3: Semiconductor R&D expenditures, 2019 (% sales by country)
various political friends, supporters, and potential voters. They do not call this policy by its right name: punishing the productive and rewarding the unproductive, of proclamations to the contrary, the EU was never about free trade and free competition. For that, you don’t need tens of thousands of pages of rules and
Euro In Europe, states have succeeded in abolishing the last remnants of monetary competition and introducing a single currency. This example shows how a political international cartel in line with the democratic socialists’ ideas. Their monetary policy is making the global financial and economic system increasingly dependent on a
since the 2016 presidential election. It will not be a referendum on foreign policy, the Federal Reserve, debt, spending entitlements, spying, civil liberties, or simply as a fight for control of state apparatus. Similarly, differences between policies actually enacted by Mr. Trump and the existing Congress and those likely Assuming this Cook Political Report analysis is accurate, only about 75 “most competitive“ US House races are truly in play to switch parties (the Senate appears
police labor unions. Any supporter of labor unions who makes exceptions for these policies does not abide by their guiding principle of “support all labor.” They are blow to these arguments, labor is not a unified force. In fact, labor has internal competition. In a free market, the most eager sellers of labor set the market price
Western sanctions in general, have disproportionately self-harming effects. In a competitive enterprise as serious as war and national security, this would be nothing all those who work in these industries, in a far-reaching ripple effect. Flailing Policy Directions Starting in October, Germany is set to implement a levy on all gas
immediately endorsed the “study” and urged American authorities to enact draconian policies immediately. From that point on, progressive American governors and mayors engaged in a perverse competition to see who could close the most businesses and lay out the most draconian in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one
all. There are situations where zeroish inflation is appropriate, where healthy competition — internal and external — plus innovation and automation are rampant. On thing is that inflation targeting involves deliberately inflating as a routine policy tool for managing the economy. This is a blatant departure from a central
Federal Reserve At of 1913, stripping it of its power. In fact, the Fed’s monetary policy cannot deviate too much from the Congress’ and the president’s political does not know where the “right” interest rate level is. In terms of interest rate policy, it purses a ‘trial and error’ approach. As history shows all too well, the against alternative monies for all eyes to see, making the Greenback less competitive, potentially driving the US dollar out of the market altogether. In the
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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.