Sweatshops: A Way Out of Poverty
These so-called sweatshops are part of the development process that leads to better conditions. Austrian economic theory teaches that people choose purposively to improve their situation.
Global Economy
Displaying 911 - 920 of 1738
Dr. Philipp Bagus: The Tragedy of the Euro
Jeff Deist and Philip Bagus discuss the history and possible future of the Euro, and the ECB under Draghi.
Andy Duncan: The Charade of Independence for UKIP and Scotland
Jeff Deist and Andy Duncan discuss the rise of UKIP in England.
Rethinking Japan’s ‘’Lost Decades’’
The "Lost Decade" narrative in Japan and the US has kept the drive for more government intervention going for a long time.
US Sanctions on Russia May Sink the Dollar
US sanctions against Russia are just the latest incentive for the world’s economies to avoid dealing with the dollar, writes Ron Paul.
Not Enough Bricks: Monetary Misperceptions and the UK Housing Boom
This article analyzes the housing boom witnessed in the UK economy from 1994–2007 in light of the Austrian theory of the business cycle (ABC). Ludwig von Mises’s parable of the “bricks” is utilized to provide empirical
The Fed and the “Salvador Dali Effect”
The Fed and the Treasury are betting on the fact that the dollar will remain the world’s reserve currency forever, and that the US can inflate with
Marc Abela: Abenomics and Japan’s Narrowing Horizons
Jeff Deist and Marc Abela discuss the Bank of Japan's failed 25 year program of monetary stimulus, and the impossibility of "Abenomics".
Higher Ed Cronyism in Serbia: A Case Study
One of the most common ways in which cronyism manifests itself in Serbia is when professional degrees and employment positions are awarded based on political party membership, and not on the basis of professional expertise.
Understanding Argentina’s Coming Default
The Argentine government has a habit of spending without restraint and then trying to cheat its creditors.
