Mises Wire

Government "Stimulus": The Real Trickledown Economics

Taxes and Spending

Blog02/14/2018
"Stimulus" requires first sucking money out of the private sector, and then letting it trickle back into the economy vis-à-vis new government spending.
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George Fitzhugh, the Honest Socialist

SocialismU.S. History

Blog11/04/2017
Fitzhugh accepted the paternalist argument that US slavery had bettered the position of the slave — and then applied this idea to all races.
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Government Enforcers and Group Psychology

Blog10/24/2017
Sometimes, group psychology among government agents can set the stage for abuse.
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GDP Is a Tool of Politics, Not Economics

U.S. Economy

10/18/2017Quarterly Journal of Austrian Economics
The author sees GDP as superior to all currently available alternatives of measuring growth. But, that is not a reason for continuing to use it.
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Governments Turn to the UN to Avoid Paying Their Debts

Global EconomyTaxes and SpendingMoney and Banking

09/29/2015Mises Wire
The United Nations recently passed a resolution in which those who lend money to governments are denounced as "vultures" while the governments themselves are portrayed as hapless victims. This isn't exactly a complete and accurate picture of the situation.
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