Global Economy

Displaying 21 - 30 of 1418

Markets vs. Socialism: Why South Korean Healthcare Is Outperforming Italy with COVID-19

Global EconomyHealth

Blog03/13/2020

The Italians could learn some lessons about healthcare from the South Koreans, who still maintain a robust private market in health insurance.  Although the Koreans have relatively ample resources for COVID-19 patients, Italy's state-dominated system is quickly running out of options.

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The Fed Panicked, and Its Rate Cut Is Making the Economy Worse

The FedGlobal Economy

Blog03/09/2020

The Federal Reserve's monumental mistake of cutting rates this past week can only be understood in the context of the rising God complex of central planners: an overwhelming combination of ignorance and arrogance.

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Governments Are Using the Coronavirus to Distract from Their Own Failures

Big GovernmentGlobal Economy

Blog03/04/2020

The coronavirus impact adds to an already weak and bloated global economy that was showing poor growth, high debt, and an evidently disappointing earnings season before any epidemic was included in estimates.

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Coronavirus: Central Banks Stand Ready with More "Stimulus"

Financial MarketsGlobal EconomyMonetary Policy

Blog03/03/2020

There are echoes of the 1973 oil shock in the current virus scare and resulting economic seize-up. Central banks are likely to respond similarly: with "stimulus" and inflation.

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Don't Forget About the Trade War

Global EconomyProtectionism and Free Trade

Blog02/27/2020

Trump clearly views trade in a zero-sum, mercantilist manner, with the country possessing a deficit “losing” and “down.” But continuing the trade war only makes recession more likely for both sides. Luckily China is stalling on committing to a trade agreement.

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How Chile's Protesters Get Inequality and Poverty Wrong

Economic FreedomGlobal Economy

Blog02/18/2020

Allowing the market to operate with minimal government intervention has helped Chile become one of the freest and wealthiest countries in South America, especially when compared to its direct neighbors.

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3 Reasons Why More Secession Means More Freedom

Decentralization and SecessionEconomic FreedomGlobal Economy

Blog02/15/2020

Antisecessionists insist that radical decentralization means more "nationalism" and protectionism. In practice, the exact opposite is more likely.

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China's Economic Schemes Hurt the Chinese Most of All

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog02/12/2020

Like Trump, I want China to stop manipulating its economy. But not for the same reasons Trump does.

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The Truth about The Edge of Democracy

Cronyism and CorporatismGlobal EconomyWorld History

Blog02/11/2020

The Edge of Democracy, a new Oscar-nominated documentary about Brazil, gets even basic facts wrong in pushing the idea that Brazil's corrupt and socialist politicians were the saviors of Brazilian democracy.

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Europe Can't Afford a New "Green Deal"

The EnvironmentGlobal Economy

Blog02/10/2020

As H. L. Mencken wrote, “For every complex problem there is an answer that is clear, simple, and wrong.” The EU's Green Deal is the latest example.

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