Global Economy

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Philipp Bagus

High public (external) debts and persisting import surpluses are signs of a weak currency.

Gerhard Ohrband

Many New Age leaders  embrace the state and advocate world government.

Douglas E. French

If not for these private game reserves, a number of species would be extinct.

Patrick Barron

Devaluation means monetary expansion. The resulting bubble is misinterpreted as the success of devaluation. There ensues a disastrous race to the bottom.

The respective wage rates in Spain and Germany would seem to make Spanish labor much more affordable. So why isn’t it?
Philipp Bagus

As important as it is to dissolve the euro, there are significant exit problems.

Philipp Bagus

The costs and risks of remaining within the European Monetary Union (EMU) are already immense and rising.

Philipp Bagus

The highest cost of the Fed policy may be liberty in Europe.

Despite the obvious benefits of liberalization, India still continues to centrally plan the economy and indulge in socialistic schemes.