Global Economy
Dollars and Politics
The discrepancy between the relative position of the US economy in the world on the one hand and the relative position of the United States as to its military presence and the role of the US dollar on the other hand is moving towards a cracking point.
Does the Third World Need More Laptops?
Capitalists and entrepreneurs will have to be convinced that a new social system will keep their investments safe from government appropriation — no small task.
Bank of Korea to Lend Reserves
The Korea Times reports in this article on the increasing diffic
Suffering at the Hands of the EU Antitrust Police
Unfortunately, the problem with antitrust regulation is not what we see, but what we don't see.
Yellow Journalism at the Weekly Standard
We free marketeers get exhausted saying it so many times, but here goes: Foreign imports do not destroy jobs on net. Government interventions against international trade do not promote employment. Everyone can get hired in a free labor market, so there is no issue of "providing jobs."
Banning the Ivory Trade
Includes an interview with Walter Block, from the television program “The Journal”
Fears of a “Brain Drain”
Free movement of capital, including human capital, is one of the pillars of prosperity. What explains this migration is not the political will of some evil western countries, but the price system that does an excellent job in directing capital where it can be the most productive.