Global Economy

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Ready for Some Good News?

Global Economy

Blog09/20/2018

We're clearly better off than our grandparents in many ways. But now we have to be sure not destroy the progress that's been made.

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In Socialist Venezuela the Poor Starve to Death While the Politically Powerful Feast

Big GovernmentGlobal EconomySocialism

Blog09/20/2018

While the outrage over Maduro’s dinner with "Salt Bae" is well deserved, it's just a taste of how socialism actually operates in the real world. 

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The Question of Jackson Hole: Will the Fed Bail Out the World?

The FedGlobal EconomyBusiness Cycles

Blog08/31/2018

Emerging economies should not bet on the Fed to bail them out, but begin to solve their serious imbalances without expecting monetary miracles.

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The Pundits Still Don’t Understand Venezuela

Global EconomyWorld History

Blog08/25/2018

The rot that Hugo Chávez spread throughout Venezuela had been put into place decades earlier by the creation of a seemingly benign welfare state.

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Turkey's Crisis and the Dollar's Future

Global EconomyMoney and BanksMoney and Banking

Blog08/22/2018

Emerging-market currencies often suffer a as a result of their government's own profligacy. But the US is also actively trying to destabilize some currencies, and setting up a conflict that the US could ultimately lose.

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Around the World, We See the The Link Between Economic Liberty and National Prosperity

Free MarketsGlobal Economy

Blog08/17/2018

No matter if its Asia, Europe, Africa, or the Americas, the link between economic liberty and economic growth is undeniable. 

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Why Scandinavia Isn't Exceptional

Global EconomyWorld History

Blog08/15/2018

“Between 1950 and 2000, the Swedish population grew from seven to almost nine million. But astonishingly the net job creation in the private sector was close to zero.”

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Turkey Could Create A Larger Crisis Than Greece

Global EconomyMoney and BanksMoney and Banking

Blog08/13/2018

The Turkish lira collapse should have surprised no one. Yet, in this bubble-justifying market, it did.

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IMF Produces Another Bogus Venezuela Inflation Forecast

Global EconomyMoney and BanksMoney and Banking

Blog08/13/2018

Forget the IMF’s forecasts of Venezuela’s hyperinflation. They are a prime example of junk science. 

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Italy’s Central Bank Admits Wealth Redistribution Leads to Corruption

Global EconomyTaxes and Spending

Blog08/07/2018

“Corruption is a regular effect of interventionism,” Ludwig von Mises once wrote, and we see this principle at work today in the European Union.

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