As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.
Dr. Peter Klein breaks down Part Six of Human Action, offering insights into Mises and "the Hampered Market Economy." This is a conversation you don't want to miss!
If we're serious about maximizing the resources needed to combat COVID-19, we need an economy that is deregulated and flexible.
From trade barriers to disastrous government regulations, government intervention has crippled society's ability to respond well to the spread of disease.
To ensure that the United States moves past this pandemic, we must minimize government infringements of civil liberties and maximize the incentives of private businesses and individuals who want to assist in our efforts to combat this “invisible enemy.”
“Whenever a single definite object is made the supreme end of the State…the State becomes for the time inevitably absolute.” We cannot allow combating a virus to overwhelm all other values in society.
What we can learn from the Patriot Act is that during a time of crisis governments can pass legislation that impacts citizens’ lives long after the crisis of the day has passed.
