Global Economy

Ludwig von Mises's policy prescriptions for Austria after World War 1, offers insight into how Venezuela should respond to crisis and hyperinflation.

With hyperinflation approaching for Venezuelan currency, the Venezuelans may embrace the US dollar, which looks rock-solid by comparison.

Krugman claims that Danish monetary policy is one of the problems with Denmark, he is correct, but for the wrong reasons.

Since we are now experiencing unprecedented manipulation of markets, it only follows that we're risking an unprecedented collapse.

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.