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“Establishing trustworthy monetary rules is needed to incentivize fiscal responsibility. Constructing robust institutions that allow monetary authorities to act within constraints is even more imperative.” ~Joaquín Henault
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“an ounce of prevention is worth a pound of cure: Never give government tools it will be tempted to abuse in the first place.
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“If a large country like Argentina were to fare better under dollarization, economists would be forced to reconsider the role of central banks in monetary theory.” ~Nicolas Cachanosky
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“The Monroe Doctrine sought to express the consensus of American sentiment about its view of its place in the world. Americans wanted to limit involvement with the politics and factious belligerence of Europe.” ~Will Sellers
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“Now is not the time to allocate excessive resources to confront external foes, but to address the fundamental issue plaguing us: a government that refuses to rein in spending of taxpayer money.” ~Vance Ginn
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“Only because people are eager to trade with people in different countries do governments feel the need to suppress this trade…Persons who erect these restraints understand that what they impose is not globalization – that would arise naturally – but economic nationalism.” ~Donald J. Boudreaux
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“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso
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Argentina just elected Javier Milei, a boisterous, wild-haired economist with a pro-market agenda to transform the nation’s economy. After decades of Peronist rule, Argentina is now home to the first libertarian head of state in modern history, a feat …
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“Any move toward improved fiscal responsibility and sustainability will be attacked as unfair. But every option is now unfair.” ~Gary M. Galles
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“Google’s conduct does not prevent an innovator from making its own spot. Epic chooses to squander resources on legal actions, rather than developing better products for both vendors and consumers.” ~Peter Clark
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“After the First World War in Germany, peace came with hyperinflation, which obliterated all wealth. The bonds of civilization fray during hyperinflation.” ~Barry Brownstein
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On this episode of Liberty Curious, Kate Wand and Samuel Gregg discuss the life and ideas of Wilhelm Röpke, an economics professor who was exiled from Germany in the 1930s for defending liberty and opposing the National Socialists.
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