All Posts Tagged With: "planned economy"
An Impossible Job
Conventional wisdom has it that the more complex a nation’s economy, the more government oversight and regulation are needed to keep it from spinning out of control. It follows that government must grow in size and complexity along with the economy. Apparently, however, our government has become so vast and complex that it may have [...]
24Feb2011 | Richard W. Fulmer | 2 comments | ContinuedThe German Economic Miracle and the “Social Market Economy”
Richard Ebeling is the president of FEE. This summer marks the 60th anniversary of the beginning of the post-World War II German “economic miracle.” When the war ended in Europe in 1945, Germany was in a shambles. Its major cities had been destroyed either from Allied bombing or urban combat. Millions of its citizens had [...]
1Apr2008 | Richard M. Ebeling | 0 comments | ContinuedThe Great Duration, 1929–41
Economists, following the usage of Milton Friedman and Anna Schwartz in their classic Monetary History of the United States, call the economic collapse between 1929 and 1933 the Great Contraction. In my own writings, I have added two similar terms to refer to other aspects of the Great Depression—the Great Duration and the Great Escape. [...]
1Jul2007 | Robert Higgs | 0 comments | Continued-
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Capitalism, Corporatism, and the Freed Market
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Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
