Bureaucracy and Regulation
Any time officials use “controls,” you know the policy is going to be a failure. Whether it is preceded by “price” or “rent,” this economically defiant measure produces destitution, deterioration, and destruction.
Politicians say they need longer terms in office so they can "do more" while in office. That by itself is an argument for shorter terms and more frequent elections.
So far, the EU has required that all states approve any tax increases in a unanimous vote. Unsurprisingly, the EU elites find this limitation very inconvenient.
Financial MarketsGlobal EconomyU.S. Economy
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
Austrian Economics OverviewHistory of the Austrian School of EconomicsPhilosophy and Methodology
A sober look at the assumptions underlying neoclassical analysis reveals that they are either not realistic or not applicable in economic analyses of the real world.