Global Economy

Mainstream economists claim China needs more consumption and a bigger welfare state. They think China's high savings rate is a bad thing. These economists are wrong. 

Populist parties have yet to score definitive victories in either the US or in Europe. But these groups aren't going away, either. 

If we take the tax burden and asset price inflation into account, real incomes in Germany aren't doing nearly as well as the official data suggests. 

The ECB is now turning to a new mechanism by which a bond’s value can be legally reduced by the issuer in times of hardship. The purpose is to allow central banks and governments new ways of ripping off the private sector. 

Mises's firm anti-inflation view—and his recommendation for a return to sound money (that is, free market money)—rested on his awareness of the disastrous consequences of an inflationary policy.

Mises's firm anti-inflation view—and his recommendation for a return to sound money (that is, free market money)—rested on his awareness of the disastrous consequences of an inflationary policy

The aims of the WEF are not to plan every aspect of production and thus to direct all individual activity. Rather, the goal is to limit the possibilities for individual activity—by dint of squeezing out industries and producers within industries from the economy.

Jeff Deist returns to the show to comment on allegations of voter fraud; the future of politics in a post-Trump America; the death of the old GOP; the push for a “great reset;” the crippling of the economy via shutdown and bailouts; and more.

"Surely, any endorsement of a 'free' market in slaves indicates the inadequacy of utilitarian concepts of property and the need for a theory of justice."

Trying to stay ahead of the government printing press is the modern citizen’s constant worry.