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For a long time, banks have sought to keep construction loans “on the books” to collect more interest payments. With a recession looming, these long loans are likely to become delinquent.

The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of the economy.

 “I was appalled when one of my new [American] colleagues proclaimed that ‘government is theft.’ I had grown up in a country [Scotland] where I, my parents, and our friends saw the government as benevolent."

Milei’s administration in Argentina has gone through its first month.

In the 1800s, Anglo-Americans took advantage of a de facto open border between Mexico and the United States. Illegal American immigrants streamed into Mexico's northern regions and became the new majority.

As we start the new year, what might we expect to see in the year 2024? What are the likely surprises?

While Western attention is on the Israel-Hamas conflict, war quietly rages in Yemen with predictable destruction. Not surprisingly, US interventionism is fueling this fight.

When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not how an economy works.

In 2008, the Republican party conspired to deny Ron Paul a floor speech and to generally ignore him at the GOP convention in Minneapolis.

About a month ago, I called out Paul Krugman for