Everything Popular Is Wrong: Malinvestment and Consumers
Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments, writes Dayne Girard.
Any government intervention in the economy, such as, loan programs, regulations, and subsidies, creates malinvestments, writes Dayne Girard.
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Only the Austrian perspective on economics can provide a credible accounting for what has happening to the monetary system, the banking system, the housing market, and the entire financial sector.