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: Another natural disaster, more baseless fears about price-gouging 13 countries (plus Ukraine) John McCain campaigned to bomb SOCIALISM: What the media still doesn’t understand about Venezuela White House […]
Austrian Economics
Random Friday: Trump goes FDR, Hazlitt on unions, Tucker Carlson joins Bernie
News Story of the Day: Earlier this week, the U.S. Department of Agriculture (USDA) announced that it would be rolling out its $12 billion bailout to farmers on September 4, beginning with $4.7 billion in compensation. It’s a foolish policy, but what makes it worse is that it is straight out of the playbook of […]
Nazis Were Not Marxists, but They Were Socialists
By: Jörg Guido Hülsmann The abject practical failure of the Marxist revolutionaries in the post-WWI period had done much harm to their image as the vanguard of social progress. The explanation for this failure in the writings of Mises, Max Weber, and Boris Brutzkus had led many economists to revise their views about the suitable scope of […]
SOCIALISM: What the media still doesn’t understand about Venezuela
By: Jose Nino International analysts are not giving us the full story on Venezuela. Political commentators have given their spin on the topic of Venezuela’s economic crisis. To their credit, some of them get the surface level details correct on the contributing factors to Venezuela’s collapse — destruction of civil liberties and property rights. However, […]
Week in Review: August 20 to August 26
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: MINISTRY OF TRUTH: Neil deGrasse Tyson wants a truth force Trump slams Fed’s Jerome Powell for raising interest rates Justin Trudeau thinks asking about taxpayer dollars is racist […]