Global Economy

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Living With Your Parents

Global Economy

Blog12/21/2016

There is nothing wrong with living with your parents, but not since the Great Depression have there been so many returning to the nest.

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Will A Stronger Dollar Cause a Trade War with Europe?

The FedGlobal EconomyMoney and BanksMoney and Banking

Blog12/18/2016

If the US dollar begins to return to monetary sanity — for now — other currencies will face grave threats to their monetary status quo.

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Why the Hysteria Over the Italian Referendum?

Global EconomyWorld HistoryPolitical Theory

Blog12/06/2016

The recent Italian vote helped to get rid of a pro-EU prime minister. Unfortunately, Italy is not much closer to the pro-market revolution it needs.

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The Petroleum Industry Saved the Whales

The EntrepreneurFree MarketsGlobal Economy

Blog12/04/2016

Whales were rapidly on their way to extinction until the petroleum industry undermined the whaling industry.

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Fidel Castro: Hero or Cold-blooded Murderer?

Global EconomyWorld HistoryPolitical Theory

Blog12/01/2016

Under Castro, Cuba has really been two Cubas. There is relative abundance for the ruling class, and cruel, enforced poverty for everyone else.

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Trump Turns Down the TPP

Free MarketsGlobal EconomyInterventionism

In his plan for his first day in office, Donald Trump announced that he is ready to withdraw the U.S. from the Trans-Pacific Partnership, which he called a “disaster”. Is Trump’s decision a definite step toward free trade? Not yet.

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India's Long Road to Growth

Global EconomyTaxes and SpendingPolitical Theory

Blog11/17/2016

India serves as a striking example of an emerging market that has overcome the shackles of protectionism.

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Mandating Higher Wages Won't Fix Japan's Economy

Global EconomyPolitical Theory

Blog11/17/2016

Prime Minister Shinzo Abe is repeating Herbert Hoover's failed plan to fix an economy by keeping wages high.

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France Won't Be Following the UK Out of the EU

Global EconomyPolitical Theory

Blog11/16/2016

Some have suggested France might be the next European state to leave the EU. This is unlikely for several reasons.

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