Global Economy

A real-life example of concurrent currencies circulating absent any legal restrictions would contain some heuristic value. The real-life example is Somalia.

Recorded at Mises University 2013.

The introduction of new tighter capital requirements by banks cannot make them more solvent in the present monetary system.

Interviewed by host Scott Horton, Mark Thornton talks about the increasingly popular and mainstream Austrian school of economics, how sound economi

Beggar thy neighbor policies are now called Quantitative Easing. Just like regular protectionism this currency war approach will lead to real wars.

Interviewed by host Michael Dukes on KFAR 660 AM, Mark Thornton talks about the U.S. Dollar.

How in the world could anyone call Japan's policy a non-aggressive loose monetary stance?

If we define austerity more properly as a reduction in the size of government, then it cannot be held responsible for the crisis in Europe, because it was never tried.

The Bank of Japan has embarked on one of the most inflationary policies ever undertaken.

While we may denounce the owner for criminal negligence, it is absurd to denounce him for seeking profit.