Global Economy

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Are Crude Oil Prices Becoming Immune to Geopolitics?

Global EconomyPrices

Blog01/11/2018
It no longer seems to be the case that a few countries can control oil prices. In other words, cartels are being even less influential in oil markets.
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The European Union Must Think Local To Address Global Challenges

Global Economy

Blog01/03/2018
The European Union must stop pursuing uniformity at any cost.
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In Africa, Ending a Despot Doesn't End Despotism

Global EconomyWorld History

Blog12/30/2017

We can replace corrupt despots in Zimbabwe and South Africa all day long, but unless major institutional changes take place, nothing will change.

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Is Argentina's Peronist Nightmare Finally Over?

Global Economy

Blog12/29/2017
The economic program of the Peronists is aptly described by a term coined by Ludwig von Mises: Destructionism.
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Will Myanmar Embrace Market Reforms?

Global EconomyWorld History

Blog12/19/2017
Myanmar is moving away from its socialist past, but many challenges remain.
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Why We Should Worry About China

Financial MarketsGlobal EconomyBusiness Cycles

Blog12/15/2017
The Japanese growth miracle was built on a massive debt bubble. China presents many similarities in its economic model.
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Chile’s "Failed" Neoliberal Reform Is Looking Pretty Good

Global EconomyWorld History

Blog12/12/2017
Chile is getting richer faster than other countries from Latin America. If this is a “crisis,” other nations should hope for a similar fate.
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Venezuela's Default Disaster

Global EconomyMoney and BanksMoney and Banking

Blog11/20/2017
In the end, the socialist promise of free money is very expensive for all. Let’s learn the lesson.
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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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