Global Economy

Although hardly "free-market" in any doctrinaire way, the relatively free economy of Taiwan delivered immense growth in standards of living while many Chinese on the mainland starved.

It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile,  relies on both saving and spending.

Argentina has all the ingredients to be a global leading economy, but current policy makes the country a promise that always disappoints. 

The stage has been set for a global credit crisis. And the Eurozone is a time-bomb waiting to happen.

It is encouraging to see the rise of a popular politician willing to use his platform to openly call out the dangers of Marxist ideology.

The biggest “success” of the ECB has been the massive bailout of governments at the expense of savers.

This an engaging and intriguing account of how global currencies, such as British sterling and the U.S. dollar, have risen to global dominance in the international monetary arena, and how currencies such as the Chinese renminbi could follow in their footsteps.

Oil prices did not cause the Venezuelan crisis. Nor can oil now be its cure. 

The political and economic powder keg that is Italy is a greater threat to the EU than Brexit ever was.

Keynes believed that all economic problems could be overcome with global inflation. This would bring about a new utopian age in which only social and scientific problems would remain.