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austirian shool of economics

This tag is associated with 2 posts

Economic Shutdown and the Cost to Save a Single Life

America is facing a dilemma. Amid the greatest crisis since World War II,  and four weeks into an effective shut down of the U.S. economy as a response to the COVID-19 Pandemic, public debate is turning towards the question of how long the shutdown should continue.  Last week President Trump released federal guidelines for “re-opening” … Continue reading

Inflation: Getting Your Hands on the Money First

Is wealth disparity the cause of economic problems, or are economic problems the cause of wealth disparity? The default government response to economic and financial troubles is to inflate. Just because there is not a rise in consumer prices does not mean that inflation is not present. Financial asset inflation is every bit as destructive … Continue reading

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