By: Robert Murphy Both fans and foes of the so-called Green New Deal (GND) agree that it is a wildly ambitious set of proposals, which—by design—will involve the federal government spending boatloads of money. In fact, the GND is so expensive that Rep. Ocasio-Cortez has cited the inflationary doctrine of Modern Monetary Theory (MMT) to deflect the issue; we […]
Austrian Economics
Airline crashes and precious metals – never trust the government
By: Clint Siegner Boeing and the Federal Aviation Administration worked closely together to hustle a new passenger jet through the safety certification process. The combined efforts to save time and cost, coupled with little sense of accountability, resulted in a tragic safety flaw. Now hundreds of passengers are dead, albeit in other countries. The public […]
Ron Paul: Americans, meet the Green Bad Deal
By: Ron Paul The recently-proposed Green New Deal is proof that climate change is for progressive Democrats what terrorism is for neoconservative Republicans: a ready-made excuse to expand government and curtail liberty. This radical plan would authorize the US government to seize control of major sectors of the US economy, phase out gasoline-fueled cars, make […]
Week in Review: March 18 to March 24
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: Cboe to stop listing bitcoin futures contracts as crypto interest wanes Reparations for Slavery: How much would it cost and how would it work? WATCH: Robert Wenzel talks […]
PLEASE STOP: We don’t need any more visionary government
By: Tyler Curtis One of the more interesting reactions to the Green New Deal (GND) came courtesy of Ross Douthat. Writing for the New York Times, Douthat offered “one cheer for the Green New Deal,” two cheers shy of a full endorsement. Given that the GND has been roundly and justifiably mocked for its impossibly extreme goals, why would the […]