Will Foreign Loans Make Us Rich?
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.
Global Economy
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The Blessing of a Strong Currency
To hear some commentators talk, one would think that America's trade-deficit woes would be miraculously erased with a swift devaluation.
The Objectives of Currency Devaluation
Governments cannot rebel against the preponderance of generally accepted ideologies, however fallacious.
The Future of the Euro
The question of who will be paying the bill decides the future of the euro. There are several possibilities.
Deflation’s Inflationary Source
Central banks are fighting a foe — deflation — that is of their own making.
Barter in Prehistoric Times
The history of primitive peoples shows that the desire to trade and barter is a universal human characteristic.
Will Currency Devaluation Fix the Eurozone?
A policy of currency devaluation can only make things much worse.
