AwardsGeorge and Joele Eddy Prize at Mises University
George Pickering is a 2018 Mises Institute Research Fellow and a student of economic history at the London School of Economics.
Labor and WagesPoverty
Even if a machine were technically capable of providing the same service more cheaply, many consumers are likely to prefer human staff in many cases, including nurses and care providers, entertainers, chefs, and teachers.
The FedFinancial MarketsGlobal Economy
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
While the US's central bank strikes a "cautiously optimistic" stance (as usual), central banks in developing countries are driven to easy money by economic uncertainty and a weakening dollar.
The monetary czars at the world’s central banks are coming to terms with the fact that a no-deal Brexit now seems to be the most likely outcome.