Global Economy

This incident is one more example that demonstrates the contempt with which the US government holds private companies. Private companies are literally being conscripted to serve the state.

Central Banks now pay interest on bank reserves held at the Fed. It may sound like only a minor change, barely worthy of notice, but it's actually a very recent and radical experiment for central banks, with large implications for monetary freedom.

Between conflicts with Eastern Europe, and the threat of a Birtish exit, the EU has some real problems. 

Whether we're talking about central banks or the US Supreme Court, governments everywhere continue to centralize power in the hands of the very few. The problem with this, though, is that successful central planning is impossible and leads to economic chaos.

Global markets are showing they can't handle even a tiny bit of tightening by the Federal Reserve, and other central banks are doubling down on rock-bottom interest rates, writes David Haggith. After six years of "recovery" can we ever abandon endless easy money?

Many US states by themselves have large economies when viewed in a global context. Texas by itself has an economy the size of Australia's.

Negative rates will fail because the problem with the economy is not a problem of too little consumption or demand. The problem stems from a distorted economy caused by manipulated interest rates.

With the past year's events fully understood and in context we can now make a more sound evaluation of what Saudi Arabia and OPEC might do next.

Compared to the golden age of innovation, now maligned as the "Gilded Age," technological innovation has slowed considerably. But, it doesn't have to be this way, if we can only get the state out of the way.

As anger builds at the arrogance of central bankers, it’s becoming ever clearer that there is no plan for monetary policy to return to “normal.” As Robert Murphy explained at our recent event in Houston, the Fed’s magic trick just won’t work.