Is Higher Inflation Inevitable?
It's going to happen unless we get radical reform soon.
Global Economy
Displaying 1161 - 1170 of 1742
Paper Money Wears Prada
The money inevitably flows to the latest speculative fashion, whatever it happens to be.
Just How Bad Are Britain’s Spending Cuts?
Britain's government workers should man up and accept that the free ride is over.
Restoring the Honor of the Spanish Cucumber
The food-poisoning scare has ravaged Europe's agricultural sector, and losses have already spiraled into the billions.
The EMU as a Self-Destroying System
When property rights in money are poorly defined, negative external effects develop. The institutional setup of the euro, with its poorly defined property rights, has brought it close to collapse and can be called a tragedy of the commons.
The Beauty of Trade at the Grand Bazaar
The Grand Bazaar in Istanbul has been a beehive of mutually beneficial exchanges for 550 years. Price tags are rare at the Grand Bazaar. Show any interest in an item at one of the 4,300 shops in the bazaar and the proprietor or store employee will engage you immediately.
The Fundamental Difference between Fairs and Markets
[Excerpted from chapter 4 in part 1 of the The Turgot Collection
The IMF and Moral Hazard
The underpricing of risk led Icelandic banks to take on liabilities denominated in foreign currency.
Is Immigration Really the Problem?
If we were all responsible for our own healthcare, education, and sustenance, there would be no immigration debate.
The Agricultural-University Complex: Destroying Agriculture for 80 Years
The Mises Circle in Indianapolis. Sponsored by Weaver Popcorn Company. Recorded 14 May 2011.
