Global Economy

Interviewed by Mo Dawoud of the Wall St for Main St podcast, Mark Thornton explains his prediction of the housing bubble in 2004.

The Velvet Revolution, during which the people of Czechoslovakia revolted against their communist masters, turns twenty-five years old this month.  Many people from formerly-communist economies have learned much from the experience, even if many in the West have not.

Jeff Deist and Claudio Grass discuss this Sunday’s historic Swiss gold referendum vote from his insider’s perspective.

Zero Hedge reports that Marine LePen of the unexpectedly popular National Front Party in France is now demanding that the French central bank repatriate its gold.

One World Trade Center recently opened in the wake of the October stock market seizure. Many more ultra skyscrapers will open in 2015 or will be under construction. What does this portend for economic bubble and the economy?

The Swiss are set to vote on a new initiative requiring the central bank to keep at least 20 percent of its assets in gold." How would such a measure be enacted and how would it affect Switzerland's economy?

The present global plague of asset price inflation is transitioning into a new phase. Some optimistic commentators suggest a benign and painless end to the plague lies ahead, but the evidence suggests otherwise.

Malinvestments from the business cycle are usually hard to detect, easily concealed, or quickly converted to new uses.

Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism.

Ludwig von Mises held that middle-of-the-road policy in economic interventionism eventually leads to widespread socialism. With price controls, protectionism, and rampant inflation, Venezuela and Argentina have proven him right.