Global Economy

States are happy with physical cash if they can use technology to make it traceable.

The choice between various ways of ‘measuring’ economic variations (and gauging their causes from these measurements) is arbitrary from an economic point of view, and becomes a largely political endeavor.

The recent lackluster jobs data suggests we've reached the limits of monetary policy.

The EU's ending of the production of €500 bills changes the equation for how the bills will be valued.

James Champlin, a 19th-century critic of protectionism, anticipated many of the free-trade insights of the Austrian school.

By their very nature, the IMF's policies perpetuate conflict among and within the nations of the world.

The Trump phenomenon, Brexit, and the ongoing wars against sound money illustrate the growing divide between the voters and the elites.

Jeff Deist and Jim Rickards discuss gold in the context of current geopolitics and enduring myths about monetary growth.

Central banks and their defenders would have us believe negative interest rates are necessary to stimulate demand. They're wrong.

Citing grave concerns that "this banknote could facilitate illicit activities," those desperate inflationists intrepid crime fighters at the ECB will cease production of the 500-euro note.