Ludwig von Mises coined the term “Montaigne Fallacy” to describe the famous 16th century French essayist’s blunder in describing market transactions as inherently exploitative. But is there more to him than his famous fallacy?
Whether it’s the aftermath of the Greek crisis or the ongoing migrant and refugee crisis, the nation-states of Europe, and the EU government, have plenty to worry about. Meanwhile, the world braces for next week's Fed meeting.
So many skyscrapers are being built right now that there has emerged a shortage in the special glass panels that form the exterior of most modern skyscrapers.
With the Greek crisis fading in the minds of Europeans, the calls for Europe-wide political unity are fading. But the Euro elites will still strive for a world where both rich and poor member states can be coerced by a central European state.
Europe has complex immigration rules.
Government regulation of immigrants is as illegitimate as any other kind of government regulation. But thanks to centuries of government meddling in private property, it remains very difficult to sort out what rightly is private property and if immigrants are trespassing on it.
The Greek debt crisis is often framed as a matter of Greek debtors against German creditors. But it’s really a matter of Greek and German taxpayers being exploited by their own governments which are promising to pay debts with other people’s money.
