Global Economy

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.

Nowhere are bigger gains being made in the battle of ideas than in Brazil.

While fewer people work in manufacturing jobs today, American workers make more stuff than ever before, thanks to huge strides in productivity. Meanwhile, many people working in the much-maligned service sector make more than those still in manufacturing.

In this interview, Claudio Grass talks to economist and Mises Institute Senior Fellow Thomas DiLorenzo. Dr. DiLorenzo covers central bank monetary policies, Keynesian economics, the economic “recovery,” political correctness, and more.

Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do "whatever it takes" to prop up the European economy with easy money. He wasn't joking.