The Three Types of Austerity
Pro-austerity or anti-austerity? There is a third way, the Austrian way of less spending and lower taxes.
Global Economy
Displaying 1031 - 1040 of 1757
A Skyscraper Curse with Chinese Characteristics
This skyscraper craze is a massive misallocation of resources resulting from indiscriminate investment promotion by local governments.
Africa: The Next Major Boom-Bust Cycle?
The average African’s time preference needs to change if Africa is going to become a manufacturing hub.
Competing Currencies in Somalia
A real-life example of concurrent currencies circulating absent any legal restrictions would contain some heuristic value. The real-life example is Somalia.
Capital Requirements Won’t Save Us
The introduction of new tighter capital requirements by banks cannot make them more solvent in the present monetary system.
Why Central Bankers Are Liars
Interviewed by host Scott Horton, Mark Thornton talks about the increasingly popular and mainstream Austrian school of economics, how sound economi
World Currency War
Beggar thy neighbor policies are now called Quantitative Easing. Just like regular protectionism this currency war approach will lead to real wars.
The Rise and Fall of the Dollar
Interviewed by host Michael Dukes on KFAR 660 AM, Mark Thornton talks about the U.S. Dollar.
Is Japan Heading for Another Lost Decade?
How in the world could anyone call Japan's policy a non-aggressive loose monetary stance?
