How German Exports Lost the Race with China
The German economic powerhouse is slowing, weighed down by its costly green energy policies and a bloated welfare state. Germany's economy needs market reforms, not more state intervention.
The German economic powerhouse is slowing, weighed down by its costly green energy policies and a bloated welfare state. Germany's economy needs market reforms, not more state intervention.
China's so-called economic miracle is running into the ground as the reality of central planning becomes increasingly obvious and an economic reckoning looms.
How the Israel-Gaza war ends is easy to imagine because it's following a path that has been trod many times before. We've seen it many times during conflicts between settler populations and indigenous populations worldwide
As war rages in the Middle East, we are reminded of what Mises wrote in 1949 on warfare and its awful effects.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Although the Woke agenda seems to be dominating everything, the mask is slowly being peeled away and some are starting to recognize the truly authoritarian agenda that had been so carefully hidden.
While politicians like Bernie Sanders and AOC tout the Scandinavian welfare model for the USA, there are a few things to understand about these countries and the economies that support their welfare programs.
Infamous hyperinflations like what hit Germany in 1923 did not begin as a flood. Instead, they started as smaller bouts of inflation initiated by governments that printed money to pay for deficit spending.
Although there has been excitement and fanfare over the recent BRICS meetings and proclamations, it is doubtful that these economies’ performance can match their rhetoric.
Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician.