Global Economy
What a Reserve Currency Should Look Like
The US dollar’s days as a global reserve currency are numbered, but there is no high-quality replacement available. If there were an ideal reserve currency for the world, this is what it would look like.
China Moves Into First Place for Output (But It’s No Big Deal)
MarketWatch declares today: "It's official: America is now No. 2".
North Korea: From Hermit Kingdom to Merchant Kingdom?
North Korea is one of the most heavily sanctioned regimes on earth, but in the midst of a new and young generation of North Koreans adept at using
Shocking Health Care Expenditure Stats
Shocking health care expenditure: US vs. the rest of world.
Post Mortem on the Swiss Gold Initiative
The Swiss gold initiative has failed, and although it was portrayed as a very radical bill by supporters of fiat money, it was a very mild effort that would not have done much to limit the Swiss central bank.
North Korea: From Hermit Kingdom to Merchant Kingdom?
North Korea is one of the most heavily sanctioned regimes on earth, but in the midst of a new and young generation of North Koreans adept at using black markets, it’s clear that trade with North Korea must be embraced.
Euro Disaster Plans
The Netherlands and Germany have disaster plans for the Euro. Do you?
How Skyscrapers Can Indicate Economic Contraction
Interviewed by Mo Dawoud of the Wall St for Main St podcast, Mark Thornton explains his prediction of the housing bubble in 2004.