World History

Displaying 1 - 10 of 1739

Global Governance versus Freedom and Free Enterprise

World History

Blog01/17/2022

Countries must remain free to refuse the edicts of global institutions of "government" like the World Bank or the IMF. This is true even when the stated goal is advancing free markets.

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The Problem with Guilds: They're Monopolistic and Wasteful

World History

Blog01/15/2022

The historical guilds of Europe have long been criticized for cartelizing trade and seizing monopolistic powers. And new research suggests the situation was very similar in Africa as well.

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Colonialism Isn't the Source of Latin America's High Inequality

World History

Blog01/14/2022

Latin America's antiglobalization epoch, from 1913 to 1970, was marked by high regulations and antitrade efforts that have fueled Latin America's economic problems.

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Mises and the German Neo-liberals

World History

Blog01/13/2022

In the cold light of economic reasoning, we can see that the Marshall Plan was in essence a scheme for postponing the bankruptcy of socialism and the welfare state.

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Price Inflation Is at the Highest Level since 1982. What Will the Fed Do?

World History

Blog01/12/2022

Yet again, earnings aren't keeping up with inflation, and the Fed is feeling political pressure. But can the economy survive any serious move toward ending massive stimulus? 

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Money and Banking after World War II: A Study in Extremes

World History

Blog01/12/2022

Any discussion of money and banking in the United States post-1945 starts with introducing its two central features: the Bretton Woods System and the New Deal.

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What Mayan Civilization Can Teach Us about Secession and Decentralization

World History

Blog01/10/2022

Thanks in part to the decentralized nature of Mayan civilization, it was much more difficult for the Spaniards to conquer the Mayas than the Aztecs and Incas.

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Chile's New President Threatens the Nation's Market-Driven Prosperity

World History

Blog01/06/2022

Gabriel Boric is no friend of free trade, low taxes, or markets in general. Yet these policies are what made Chile the most prosperous country in South America.

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Turkey's Economy Is in Big Trouble

World History

Blog01/05/2022

Turkey's President Erdoğan faces a series of crises as the lira collapses and the state's central bank steps in to clean up the mess.

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Why Did the World Choose a Gold Standard Instead of a Silver Standard?

World History

Blog01/05/2022

The adoption of gold as the preferred commodity money was never inevitable or based on some sort of natural law of money. Many coincidences and political schemes were key factors.

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