Central bankers have managed to obscure the effects of money printing. But market efficiency gains can’t hide the problems forever. Six years into recovery and the economy worldwide is punk, despite central bankers’ belief they can inject just the
Re: European Officials Reach Deal on Failed-Bank System The European Union’s attempt to create one bank regulator with the power to shut down and bailout problem banks will fail, because it does not address the cause of generalized bank failures.
People like Intellectual Property laws because they do not grasp how we, ourselves, are beneficiaries of other people’s productivity. We have a tendency to sue and chase after people who “stole ideas”. We praise “originality” and demonize copying, because we
Redmond Weissenberger, Director of Ludwig von Mises Institute of Canada, joins John O’Donnell and Merlin Rothfeld for a look at a wide variety of topics including the Fed, , Socialism, Health care, housing markets, trading partners, and how Austrian Economics
From today’s Open Europe news summary: Speaking in the Bundestag this morning, Chancellor Angela Merkel warned that due to the complexity of the negotiations over the EU-US free trade agreement, the risk of failure had to be taken seriously, although
Catch one of the latest episodes of Better Red Than Dead, starring Mises Canada Executive Director Redmond Weissenberger and economist Detlev Schlitcher. Detlev S. Schlichter is an Austrian School economist and author. His book Paper Money Collapse – The Folly of Elastic
(My comments in italics below the news reports) From today’s Open Europe news summary: The Greek government reached a deal with the EU/IMF/ECB Troika yesterday, paving the way for the next disbursement of €10bn in bailout funds, which Greece hopes
We can all sleep safe and sound tonight knowing that Health Canada and the RCMP are working to ensure “public safety.” In two weeks, 37,000 licensed marijuana growers will effectively become criminals when the new medical marijuana law takes effect.