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
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
other currencies anymore. And because the single fiat world currency will have no competition, it will also become a plaything of political interests. Above all, the states will encourage the world central bank to pursue a monetary policy through which they can finance themselves as cheaply as possible with credit.
to put a certain political leader into power or to attain desired governmental policies. Democracy, after all, is simply a method of choosing governors and issues, posturing, voters come to rely on state and municipal governments for practical policy solutions to everyday problems.As long as people with strong preferences are when southern states began competing for investment, and today, intergovernmental competition makes it difficult for blue cities and states to enact generous welfare
storage would have to cost $10 to $20/kWh for a wind-solar mix with storage to be competitive with a nuclear power plant providing baseload electricity. And competing frequency. This spinning can’t be created by wind turbines or solar panels and policy makers need to find ways to incentivize other forms of energy storage or
What is the Mises Institute?
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.