Global Economy

State intervention and a crushing fiscal policy made the whole empire groan under the yoke; more than once, both poor men and rich prayed that the barbarians would deliver them from it.

The question is not whether economic progress makes people happy. Most mothers feel happier if their children survive, and most people feel happier without tuberculosis than with it.

The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.

It appears many Indians and Brazilians and Chinese are willing to risk the global warming for a chance at experiencing even a small piece of what wealthy first-world climate activists have been enjoying all their lives.

The crisis-ridden welfare states of South America show us that the fabled "third way" to economic prosperity is not quite the cure-all we're told it is.

Kai-Fu Lee’s new book AI Superpowers offers many insights into the development of of AI, but too much of the book is spent chasing economic phantoms.

This should be shocking to naïve citizens and those who assumed that “the science” must all support the UN’s temperature goals.

The eurozone economy is slowing down. The solution isn't more fiscal and monetary stimuli. 

The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.