Global Economy

Refugees no longer stop at the nearest safe haven, but instead are lured into enduring hazardous black-market journeys for a welfare-state payoff. At the same time, states offer high fees and reams of paperwork for those seeking legal passage.

Whether it’s the aftermath of the Greek crisis or the ongoing migrant and refugee crisis, the nation-states of Europe, and the EU government, have plenty to worry about. Meanwhile, the world braces for next week's Fed meeting.

Jeff Deist and Per Bylund discuss immigration from a libertarian perspective.

With the Greek crisis fading in the minds of Europeans, the calls for Europe-wide political unity are fading. But the Euro elites will still strive for a world where both rich and poor member states can be coerced by a central European state.

The Greek debt crisis is often framed as a matter of Greek debtors against German creditors. But it’s really a matter of Greek and German taxpayers being exploited by their own governments which are promising to pay debts with other people’s money.

Jim Rickards and Jeff Deist discuss the unfolding drama at the Fed.

The myth that markets cause more inequality than controlled economies continues to endure. But the data showing that markets and industrialization make millions better off than other economic systems continues to pile up.

Joe Salerno make sense of market crashes.

China has recently devalued its currency. Like many governments, the Chinese government thinks this will help the economy by increasing exports. But it will really just destroy real wealth in the process.