Big GovernmentProtectionism and Free TradeU.S. EconomyInterventionism
Protectionism and Free Trade
Thanks to trade with the Chinese, more Africans have access to safe food they would otherwise lack.
Labor and WagesValue and Exchange
Truckers are paid less now than in the 1970s because government regulators once tightly controlled competition, thus driving up the cost of living for everyone else.
Historians have neglected the role of John Maynard Keynes in writing some of the worst provisions of the Versailles treaty — which sowed the seeds of World War II.
As decades pass since the fall of the USSR, romanticism is replacing the bitter facts of the lives people in communist regimes were forced to live
Global EconomyMoney and BanksMoney and BankingOther Schools of Thought
Kerkorian was an eighth-grade dropout who would go on to earn billions, and epitomized Mises's idea of the entrepreneur.