Javier Milei and the “Battle of Davos”
“Balls, we need balls” is probably the most famous phrase of German goalkeeping legend Oliver Kahn.
“Balls, we need balls” is probably the most famous phrase of German goalkeeping legend Oliver Kahn.
Select politicians, government officials, economic elites, and experts arriving at the annual World Economic Forum meeting in Davos, Switzerland we
Congresswomen Rashida Tlaib and Alexandria Ocasio-Cortez have introduced legislation to create government-owned banks, ostensibly to “increase accountability.” In truth, the banks would exist to fund progressive causes.
Because Keynesian theory has triumphed in the economics world, people are subject to the worst kind of government intervention in the economy. Debunking Keynes is the first step toward economic sanity.
Indeed, if we look at the failure of the welfare state, the persistence of the business cycle, runaway inflation, and out-of-control debt, we'll see that each is addressed and predicted in 'Human Action.'
Philipp Bagus and I are delighted to announce the launch of a book series dedicated to advancing scholarship in Austrian Economics.
Social media tends to be blamed for the overall nastiness of public discourse. Instead of condemning this form of communication, condemn the fuel that feeds this conflagration: democracy.
Intellectual property laws provide another example of how government stifles innovation and competition.
As the Austrian School economists know full well, inflation distorts price signals unevenly.
Humanitarianism served as an excuse for colonial rule over "backward" natives and provincials for centuries. The elites of the imperial governments insisted only they could provide enlightened government. Today, the same thinking lives on among countless advocates for centralized government and foreign intervention.