Solutions to the Affordability Crisis Will Not Come from Government
While US politicians are presenting policy prescriptions to make life more affordable, none of them are proposing what really would end this crisis: free markets.
While US politicians are presenting policy prescriptions to make life more affordable, none of them are proposing what really would end this crisis: free markets.
Mises Institute Fellow Karl-Friedrich Israel appears on The Peter McCormack Show.
Politicians now are campaigning on “affordability,” but their idea of making things in life more “affordable” consists of numerous interventions into free markets that ultimately make things more costly.
The money supply has accelerated over the past three months and is now at the highest rate of growth seen in 40 months—since July of 2022.
As leftist politicians claim they will make life more “affordable” by imposing costly government intervention into the markets, others vote with their feet, moving to places with less intervention and more economic sanity.
If Europe wants to excel at tech and innovation, it needs to stop throttling the marketplace with regulations and taxes. Nor should Europe copy the China model of subsidies and corporate welfare.
As the US economy slowly implodes, the government causing the implosion is not done with its economic destruction. The Federal Reserve remains the engine of inflation, while tariffs and other interventions help to finish the job.
This week, Dr. Gordon explores some devastating critiques of utilitarianism from the philosopher F. H. Bradley.
Marion Millar has been charged in Scotland with the crime of “malicious communication” due to tweets criticizing gender self-identification.
The Mexican-War resulted in more territory for the new American empire, but the US government started it under false pretenses. A young US soldier—Ulysses Grant—knew better.