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The standard Keynesian line is that the government can shorten recessions by using fiscal and monetary “stimulus.” However, as Austrian economists note, ratcheting up government spending only makes things worse, setting the stage for the next economic downturn.
Norbert Michel and Jerome Famularo In the aftermath of the COVID-19 pandemic, the United States experienced a much higher rate of inflation than at...
Photo by Andrej Sokolow / picture alliance via Getty Images Waymo’s autonomous vehicles are going to Tokyo, marking the first time that the Alphabet...
Robert A. Levy On a fairly regular basis, Americans are warned that the federal government may no longer be able to meet its legal...
Michael F. Cannon California Governor Gavin Newsom (D) is demonstrating one of the pitfalls of putting the government in charge of public health. Public...
