Global Economy

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Crisis or Stagnation: Why China Cannot Deleverage

Financial MarketsGlobal Economy

Blog10/26/2017
China has added more debt in the first nine months of 2017 than the US, Japan and the EU combined.
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Poor Cities and Poorer Economics

Free MarketsGlobal EconomyProtectionism and Free Trade

Blog10/23/2017
It is not sweeping globalization that has kept these cities behind, but government policies.
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The Eternal Struggle Between the Merchant and the Bureaucrat

Global EconomyProtectionism and Free TradeWorld History

Blog10/19/2017
Civilization, it ought to be remembered, has been created by those men who have resisted power, not by those who have exercised it.
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Seeking More QE for Japan — Abe Calls Snap Election

Global EconomyMoney and BanksMoney and Banking

Blog10/17/2017
The Bank of Japan is even more committed than the Fed is to continued QE and easy money.
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Does "More Europe" Mean More Government?

Global EconomyWorld HistoryInterventionism

Blog09/28/2017
When leading Europhiles say they want more European unity, what they really seem to want is more bureaucracy, regulation, and control.
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Why Natural Disasters Are Worse For Poor Countries

The EnvironmentGlobal EconomyPoverty

Blog09/14/2017
Wealth-building and capital are the most important factors in weathering natural disasters — whether caused by global warming or not.
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Want to Grow the Economy? Stop Listening to Clueless Economists

Financial MarketsGlobal EconomyU.S. Economy

Blog08/31/2017
Not only are economists incapable of recognizing what economic growth is, they propose policies that are inimical to the progress necessary for growth.
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The Fiscal Benefits of Free Trade

Global EconomyProtectionism and Free Trade

Blog08/22/2017
If the West is turning away from free trade, the rest of the world will surely fill the gap — and reap the rewards.
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The Chinese Economy's Fatal Flaws

Bureaucracy and RegulationGlobal EconomyMoney and Banking

Blog08/21/2017
China faces problems of both an easy-money-induced bubble, and a corrupt regulatory regime.
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China: A Keynesian Monster

Cronyism and CorporatismGlobal EconomyMoney and BanksMoney and Banking

Blog07/31/2017
The the Chinese economy is a Keynesian jobs project of outrageous scale.
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