The Week in Review: July 23, 2016

by Mises Institute

The Republican Party took over Cleveland this week as Donald Trump was officially made the party’s nominee. As expected, the convention failed to offer any real solutions to the problems we face. If Mr. Trump is truly dedicated to Making America Great Again, he should reject the ideas of plunder and paternalism and instead listen to the recommendations of Ron Paul, Joe Salerno and other Austrian scholars. No matter who becomes the next US president, we will, like the UK, have to face the fact that the economy is going to bust — the only way to deal with the malinvestments encouraged by years of reckless monetary and public policy.

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