By: Andrew Moran If President Donald Trump and his trade team thought everyone in Washington would be drinking a carton of Canadian milk and eating tacos while listening to the sweet sounds of Artie Shaw after House Democrats gave the thumbs up to his United States-Mexico-Canada Agreement (USMCA), then we have 25% of the Canadian […]
Austrian Economics
Why are voters, media falling for wealth confiscation schemes by Sanders, Warren?
By: William Anderson A decade ago, Democrat politicians and their cultural and academic allies were singing the praises of Hugo Chávez and his “economic miracle” in Venezuela. From Bernie Sanders to Salon, to Joseph Stiglitz and Sean Penn, Chávez’s version of socialism had transformed Venezuela, lifted up the poor, and set an example for the United […]
AOC thinks everything we depend on should be ‘guaranteed universality’ by the state
Rep. Alexandria Ocasio-Cortez (D-NY) must be re-elected next year. She is comedy gold. She must be a walking parody of leftism because she spouts all the progressive tropes. She can’t be genuine in what she says, can she? Well, AOC has proposed a new idea: The government should guarantee everything we depend on. Oh, boy! […]
There is no inflation if you don’t live in a house or go to college
By: Ryan McMaken In my days before I worked for the Mises Institute, I had a colleague who knew I associated with Austrian-school economists. In the wake of the bailouts and quantitative easing that followed the 2008 financial crisis, he’d sometimes crack “where’s all that inflation you Austrians keep talking about?” But then, in the very […]
Week in Review: December 9 to December 15
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: EASING: Interest rates have been cut 750 times in last decade Former Federal Reserve Chair Paul Volcker dead at 92 Remember when the Communists abolished the weekend? WSJ […]