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How Government Intervention Triggers Depressions

Summary:
Thanks to past interventions, the economy is now rife with malinvestments and prices that don’t reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: “How Government Intervention Triggers Depressions“ Powered by WPeMatico Post Views: 4

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Thanks to past interventions, the economy is now rife with malinvestments and prices that don’t reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: “How Government Intervention Triggers Depressions

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

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