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Congress has no small part in the endless cycle of debt, spending, and rising bureaucratic power.
Chile would be even better off today had it adopted Mises-style laissez-faire over Milton Friedman's monetarism. But even a Friedmanian regime is far superior to the Keynesian economies that have ruined Argentina and Brazil.
Given that socialism is based primarily on theft and envy, it seems odd to claim that Jesus is a big fan of a socialist state.
Protectionism and Free TradeWorld History
Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.
Money and BanksMoney and Banking
Scratching beneath the surface of the debate around countercyclical capital buffers, we find the normal level of duplicity that characterizes most debates about monetary policy.
In last weekend's election, Swedish voters appear to have handed more power to a populist party.
The Communist Party's big plans for a globally-competititve soccer league have come to naught.
Global EconomyTaxes and Spending
“Corruption is a regular effect of interventionism,” Ludwig von Mises once wrote, and we see this principle at work today in the European Union.