The Way Markets Allocate Goods Is Truly Amazing
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
Market prices will continually be gravitating towards prices where all willing buyers can find willing sellers and all willing sellers can find willing buyers.
There's no need to amend the Constitution the old fashioned way when federal judges can just amend the constitution unilaterally.
In the pursuit of profit, many firms also seek to improve their communities in more intangible ways.
Neither the Fed nor the government can grow the economy. They can only redistribute real wealth.
Chinese plans for east Africa, the Indian Ocean, and a huge Eurasian trade zone make American tariffs a lessening problem for the Chinese state.
Even if a section of the US were to today secede for some noble reason (i.e., not slavery), the outcome would still likely be invasion and war.
Rothbard's prescriptions for legal remedies against polluters are far better than the regulatory regime now favored by governments.
The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.
Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?
Germany's Augsburg played a key role in the rise of the modern marketplace in Europe.