Nicaragua: Latin America’s Other Socialist-Spawned Crisis
2018 was the year when, yet again, the socialist model proved its inability to generate benefits for a population
Global Economy
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Dear Mr. President, Security Does not Create Development
Even though security might be a necessary condition for development, it is not a sufficient one.
A Conspiracy of Silence on The French Liberal School
J.B. Say and the French Liberal School absorbed a method of approach that was, implicitly at least, subjectivist and individualist. And herein lies the reason for many modern critics' disparagement of the Liberal School.
The Major Contributions of the Scholastics to Economics
The Scholastics were constrained in their development of economics by considerations of deference to authority and by the relatively slow development of the external economic conditions upon which to reflect.
The De-Socialization of the Lithuanian Economy
Vytas Žukauskas tells the story of Lithuania after the Soviet Union.
It’s Not a Recession, It’s a “Global Economic Slowdown”
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
ECB Inflationists are Crippling Europe
Pumping yet more credit into the Eurozone is as effective as giving adrenalin to a dead horse.
Can the EU Survive the Next Financial Crisis?
Existing political tensions within the EU are certain to escalate as the EU falls behind in global economic power, and Brussels, hooked on profligacy, for the first time faces budget cuts.
Is Mexico “Neoliberal”?
Mexican interventionists are now pushing the idea that Mexico is a country dominated by a free-market ideology which they call "neo-liberalism." But any serious look at Mexico's government makes it clear this is not the case.
The Eurozone is Slowing, and the ECB Isn’t Prepared
The European central bank has no ammunition left with which to address any serious economic downturn.
