Global Economy

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D.W. MacKenzie

It is a fact that severe poverty has disappeared in the most industrialized countries. The wealth of the first-world welfare states was made possible by those countries’ turn toward free markets in the past. Likewise, the turn toward more free markets in the developing world has reduced poverty there.

Frank Hollenbeck

The European Central Bank’s recent move to negative interest rates is a sign that the ECB is hitting the panic button.

Benjamin M. Wiegold

Swiss voters recently rejected a proposal to introduce the world’s highest minimum wage.

Mark Thornton

The skyscraper curse continues to haunt us. Thanks to cheap money and malinvestment, new record-setting skyscrapers are being planned and built as the global fiat-money-induced boom continues toward its inevitable correction.

Frank Hollenbeck

Although Frédéric Bastiat disproved it years ago, many still believe that natural disasters increase economic growth.

Paolo Bernardini

One of the organizers of the Venetian referendum on secession speaks about the vote and the prospects for successful separation.