Global Economy

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Iván Carrino

It's hard to see how burning subway cars and torching businesses will reduce inequality in Chile. But the protestors there claim their violence is justified by the fact some people are richer than others.

Carmen Elena Dorobăț

Let the WTO and all its agreements go already! We cannot salvage something that was broken from the start. 

Alasdair Macleod

Politicians, who claim that a week in politics is the long term, fail to see any problem.

Daniel Lacalle

The string of spending increases announced daily in Europe disguise an extremely dangerous bet: that the ECB will bail out the eurozone forever.

Alasdair Macleod

A new banking crisis is not only in the making, for which the repo problem serves as an early warning, but it could escalate quite rapidly.

Daniel Lacalle

The repo crisis — and it is a crisis — is telling us that liquidity providers are aware that the price of money, the assets used as collateral and the borrowers’ ability to repay are all artificially manipulated. 

José Niño

As it celebrates 70 years of the "People's Republic," China shouldn't forget its rise was made possible by its turn away from communism.

Ralph Raico

The particular crises to which Keynes reacted were themselves the products of misguided government policies.

Daniel Fernández Méndez

There seems to be an increasing consensus that a global recession is coming soon. The good news is that the Spanish private sector is much better prepared than it was in 2007.