Donations
Please consider donating to help keep this blog running.
- Economic Thought on Facebook
Tag Archives: intervention
Classical Liberalism versus Anarchocapitalism
Professor Jesús Huerta de Soto on the differences between anarcho-capitalism and classical liberalism, and why intellectual evolution eventually leads to anarcho-capitalism. Continue reading
Posted in Theory
Tagged Anarchism, anarcho-capitalism, Capitalism, freedom, Government, Huerta, intervention, Jesús, Property, rights, Socialism, Soto, tyranny
3 Comments
Trend of Impending Poverty
Foreign central banks are keeping interest rates low in an attempt to devaluate their own currency, as to force the exchange rates to remain relatively stable in comparison to the U.S. Dollar. While the United States slips into the worst recession in history, the rest of the world seems happy to follow. Continue reading
Posted in Politics, Theory
Tagged debasement, dollar, economy, euro, exports, Government, inflation, intervention, money, Recession, welfare
3 Comments
“Parity” Prices
Henry Hazlitt on price-fixing and its economic consequences. Henry Hazlitt explains the folly in price-fixing proponents, and discusses how this form of intervention is actually rather harmful. Continue reading
Posted in Theory
Tagged fixing, Government, Hazlitt, Henry, intervention, parity, price, price-fixing, prices
Leave a comment
Hoover’s response to the October 1929 crash
After one has an understanding of the true scale of Hoover’s fiscal spending figures one can deduct that if government spending did not work during the first three years of the 1930s, there is no reason that it should have worked during the next four, either. Continue reading
Posted in History
Tagged 1929, Bailout, Crash, deal, Depression, Federal, Government, Great, Herbert, Hoover, intervention, new, October, Reserve
3 Comments
Out of Work: Unemployment and Government in Twentieth-Century America
Much of the world finds itself facing spiraling unemployment. Economists Richard Vedder and Lowell Gallaway disprove Keynesian theories on employment in a brilliant book first published in 1993, by the Independent Institute. Vedder and Gallaway focus their intentions on the true cause of unemployment—wage rigidity as a result of government intervention in the free market. Continue reading
Posted in Books
Tagged book, deal, Gallaway, Government, intervention, natural, new, Out, rate, review, Unemployment, Vedder, Work
Leave a comment