Global Economy

The presence of American companies in foreign nations was once seen as a sign of American superiority and an instrument of American cultural power. Not anymore.

Persistently loose monetary policies always have negative growth and distributional effects that impair political stability. In extreme cases, there are civil wars and armed conflicts between countries.

The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.

Why did Barbados postslavery develop a more robust economy than Jamaica even though the people had similar ethnic backgrounds?

Ryan McMaken and Zachary Yost discuss NATO, Turkey, Russia, and why the USA needs to leave it all behind.

Would you give up voting in exchange for no more taxes?

Propping up congressional deficit spending, juicing equity markets, and constantly recapitalizing commercial banks are the Fed’s true mandates.

It is easy to blame the covid-19 lockdowns for the weakening Chinese economy, but that would be a gross simplification.

Politicians have become accustomed to conjuring whatever they want through the “miracle” of printing money. But in the real world, it’s still necessary to produce oil and gas through actual physical production.

Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism.