Tweet [1]
Also writing about this mad sledgehammering is Mike Munger [3]. And Nick Gillespie [4].
Here’s the first of Hans Eicholz’s blog posts on MMT and Austrian economics [5].
Eric Boehm writes about the staggering and frightening sudden growth in the U.S. government’s budget deficit [7]. This fiscal incontinence will not end well.
For some reason, supporters of these policies refuse to accept that the world with a threatening event is different from the world a few days before without the same event. Something has changed in between; the conditions that brought about yesterday’s prices have changed – often suddenly and without warning. Why would you want to force anybody to operate today at yesterday’s prices?
Back to Mike Munger: in this video he discusses so-called “price gouging. [9]“