(MISES) – Comparing Great Depression I with the current Great Depression II, the cause has been the same, and the responses have been similar. But it’s important to not take the parallels too far. The circumstances differ, so the impacts will differ. First, the similarities. Both depressions, like recessions, originated with unsustainable booms. Great Depression…
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On Friday the Supreme Court declared that most of the tariffs enacted by President Trump – a key part of his economic agenda – are unconstitutional. Trump responded by imposing even more tariffs, as h...
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