Global Economy

China has many problems, but it also has a high savings rate, a limited welfare state, and a rising middle class.

The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.

As in much of the globe, central bankers in Britain are quickly replacing elected politicians as the most visible and powerful public officials.

The TTIP is the latest agreement in which the voters and taxpayers are prohibited from seeing the laws they will soon be forced to follow.

Americans are saving very little money for emergencies. Unfortunately, central banks have been encouraging the same thing worldwide.

Neither government-controlled trade, nor government-enforced open borders are libertarian.

Compared to Europe and Asia, the "frontier states" of the Americas really are something different.

Governments hate decentralization, and politicians like Hillary Clinton hate it too.

The US Dept. of Justice wants to extract billions in fines from Deutsche Bank. German taxpayers may then be on the hook for the inevitable bailout.

We take pride in continuing our namesake's legacy of uncompromising support for Austrian economics, freedom, and peace.