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Decentralization and SecessionStrategy
Through free trade, decentralization, and a non-interventionist foreign policy, the Swiss created a high level of prosperity based on innovation and creative capitalism.
The government's near-monopoly on education services has destroyed innovation and choice. Meanwhile, little is gained from relentless increases in spending.
Bureaucracy and RegulationCronyism and Corporatism
Sen. Warren's proposed "Accountable Capitalism Act" would make large corporations dependent on federal permission to exist, essentially turning them into arms of the federal government.
Global EconomyTaxes and Spending
European bureaucrats thinks tax rates should be similar across the zone. But they naturally want all tax rates to "harmonize" at high rates, like those in France.
What does this sea-change in the political landscape mean for Mexico?
Money and BanksBusiness CyclesMoney and Banking
Some investors and entrepreneurs are good at guessing future trends. Economics, however, isn't what gives them the tools to do so.
The FedMoney and Banking
A fall in prices is the manifestation of real wealth expansion. General price inflation, on the other hand, results from monetary pumping.
Philosophy and Methodology
Economics is not like the physical sciences, and reasoning and analogies based on the physical sciences are often misleading in economics.