Global Economy

In spite of Ben Bernanke's assurances to the contrary, it is clear that China still sees gold as money.

Europe may turn to "helicopter money" as an easy solution. The problem of deciding who gets the money isn't quite so simple.

China's ruling class often reminds us of our own. Not that the editors at Time have enough self-awareness to notice.

Ships aren’t cheap to purchase. But when financing is abnormally cheap and expectations of future business are rosy, it stands to reason that shipping companies would put in a raft of orders.

Europe continues to move toward banning physical cash. But, in spite of government claims, it's not about fighting crime. It's about economic control.

Paul Cleveland discusses his recent book, The Great Utopian Delusion.

As with East Germany, a liberalized Cuba would still require decades to catch up to its affluent neighbors, economically. North Korea is an even more extreme case. All these cases illustrate that political changes cannot substitute for the hard work of building wealth.

In this video, Ron Paul and Daniel McAdams discuss whether or not protectionism will improve the American economy.

Recessions are good for an economy because they involve a resolution process, but a big recession for this boom town could be great for the world economy.

In the Fed’s desperation to hold off the coming pain, will Yellen start listening to Ben Bernanke and embrace the absurdity of negative interest rates? We are already seeing the consequences of such policy play out in Switzerland, Germany, and Japan.