Does the World Need a World Bank?
An increase in the quantity of money doesn't bring any general improvement of conditions.
Global Economy
Displaying 1141 - 1150 of 1738
Keynes and the Ruling Class
The Treasury needed someone who could clothe the bareness of financial heresy with a plausible nontransparent drapery. Mr. Keynes was taken into the British Treasury as its principal adviser, seated on the board of the Bank of England, and elevated to the peerage as Baron Keynes of Tilton.
The China Bust: Tic Toc
The government has tried to further manipulate the economy to compensate for the adverse effects of its printing of money.
Fiat Money and the Euro Crisis
Why does the behavior of the Greek government have anything to do with taxpayers in Germany? Why did the original Maastricht Treaty have rules about fiscal policy as part of the criteria for monetary union? The answer is that the euro is a fiat currency.
The China Model Is Unsustainable
The Chinese economic miracle is nothing but a redder version of Keynesianism.
Trade Creates Wealth
Every day, before waking, I use a number of items my hands could not create in a thousand lifetimes.
Freedom and Economic Growth in the Poorest Countries
There can be no doubt: even a little bit of freedom lifts people up, even the poorest countries.
The Fed and the ECB: Two Paths, One Goal
Both the Federal Reserve and the European Central Bank are owners of the printing press. They produce base money.
How Canada Escaped the Global Recession
Strangely, Canada finds itself at the most pro-market limit of the political spectrum.
