Mises Daily

Freedom, Global Poverty, and the Failure of Foreign Aid

Mises DailyMay 29, 2015
Many still maintain that the developing world is being exploited by free markets, and that the humane solution is more foreign aid. In fact, free markets are nowhere to be found in the developing world, and we find much poverty as a result.

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The ECB and the Negative-Interest-Rate Game

Mises DailyMay 28, 2015
The European Central Bank is continuing with its negative interest rate policy, but it's not having the desired effect. Instead, the central bank is just filling the void by buying up government debt with newly created money...

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