GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we'll see a big rebound in GDP. But that doesn't tell us if the private sector is actually better off.
Patrick Newman presented this talk at the Mises Meetup at Avondale Brewing Company in Birmingham, Alabama, on June 6, 2020.
One clue as to why the stock market has rebounded while daily economic news grows worse could be the flood of new punters betting on stocks, from high-flying tech shares to dead-in-the-water leisure stocks.
Of course, anyone who deals in interacting with the real world (i.e., not lifelong bureaucrats like Fauci, who needs not exhibit any actual competence to collect his $400,000 paycheck) understands that preserving and augmenting wealth is key in enhancing health and life.
The editors of the Babylon Bee podcast discuss the economic situation with Bob Murphy. Then, they ask a series of fun questions, against the backdrop of their shared Christianity.
Jeff Deist and economist Daniel Lacalle present a special live seminar on the COVID-19 crisis and what it means for your economic future.
Mark Thornton speaks to the Auburn Rotary Club.
Join the Mises Institute and economist Daniel Lacalle for a special live seminar on the COVID-19 crisis and what it means for your economic future.
Bob Murphy tackles some Keynesian and MMT fallacies that have resurfaced in light of the response to the coronavirus.
