Global Economy

Austrians deal with a central but overlooked monetary conundrum.

U.S. policies on Iraq are inhumane and destructive of freedom. 

What are the consequences of floating exchange rates?

When I received this book, I turned first to the contribution of Murray N. Rothbard, "The Gold Exchange Standard in the Interwar Years." 

Clinton has called for a new global financial architecture, but it is sure to collapse.

 Superpower leaders just aren't what they used to be, and it's a good thing too. 

Let us just say we abolish all federal labor law. What happens then?

Two Austrian economists argue that the markets are overinflated. 

 Half of U.S. currency is held overseas. What happens if (when?) it is repatriated?

British Prime Minister Tony Blair apologized for doing "too little" in response to the Irish Potato Famine of the 19th century that killed one million people and brought about the emigration of millions more. But in fact, the English government was guilty of doing too much.