"Saving lives versus saving money" comparisons confuse ends with means. The end of saving the economy is not to have more money. The end is to have resources necessary to preserve the lives and health of countless human beings.
As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.
Dr. Peter Klein breaks down Part Six of Human Action, offering insights into Mises and "the Hampered Market Economy." This is a conversation you don't want to miss!
So-called price gouging is a gimmick used by politicians and the media to rally supporters and viewers. It's almost never about predatory business practices, and it's always the people who end up paying the cost of price control laws.
