Wage and Price Controls in the Ancient World
"Egyptian workers during this period suffered badly from the abuses of the state intervention of the economy…"
"Egyptian workers during this period suffered badly from the abuses of the state intervention of the economy…"
This audio version of the Mises.org Daily Article was read by Dr. Floy Lilley.
In a free market, no shortages would exist. In fact, it is very unlikely any of the earth's resources would be used up.
Interviewed by the Arlington (New York) High School Chapter of the Young Americans for Liberty, 16 February 2009.
Presented at the Mises Institute’s Brown Bag Seminar series. Recorded on 10 January 1996.
Finally, let us remember that there is a word that can never be discussed or even mentioned when we talk about the myriad flawed federal, state, and city transportation systems.That word is "privatization."
What we need are real lasting tax cuts and a corresponding movement of spending out of government and into the private sector.
Robert Higgs, author of Depression, War, and Cold War, explains the economics of inflation in light of historical experience.