Global Economy

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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.

Henry Hazlitt

If it were true that we could create prosperity merely by making goods to give away, then we would not have to give them to foreign countries.

David Howden Brenna Sanae Kajikawa

To hear some commentators talk, one would think that America's trade-deficit woes would be miraculously erased with a swift devaluation.

Ludwig von Mises

Governments cannot rebel against the preponderance of generally accepted ideologies, however fallacious.

Philipp Bagus

The question of who will be paying the bill decides the future of the euro. There are several possibilities.