The Best Way to Compete with China Is to Free the Economy
There is no danger of China truly freeing its economy and thus really rivaling America's more market-based system.
Global Economy
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Why We Now Measure Gold in Dollars — and Not the Other Way Around
A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.
Venezuela’s New Cryptocurrency Is not Really “Backed by Oil”
If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity.
Trump’s Protectionist Follies Threaten a Trade War
What America is facing are the illogical trade policies of an economically illiterate president in the White House.
Trade and the Rise of Freedom
International exchange and economic freedom are mutually reinforcing, while protectionism is a form of political control.
Measuring the Global ECONOMIC Temperature
Here are two ways to gauge the strength of the world economy.
Michael Malice on North Korea’s “Economy”
Michael Malice and Jeff Deist discuss the bizarre economics of life in a country with virtually no outside trade.
Brexit Has Reached the Point of No Return
In the absence of waning UK power in Brussels, the EU is pushing even worse policies than before, making a UK return at this point very unwise.
The New German Government Is Bad News
The new governing coalition taking shape in Germany will likely take Germany in a decidedly pro-EU and anti-market direction.
Let Us Eradicate Poverty, Not Demolish Wealth
We are living in a time when actual poverty reduction is ignored to focus on interventionist messages about "inequality."
