World History

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gold standard
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A Brief (and Messy) History of Modern Gold Standards

U.S. HistoryWorld HistoryGold Standard

Blog01/25/2018
After World War I, the term "gold standard" took on many meanings — a fact that eventually led to that standard’s degradation and abrogation.
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The Man Who Fought to Liberalize Communist Yugoslavia

World History

Blog01/06/2018
Even during the Cold War, some Yugoslav leaders fought to liberalize the nation's economy and pull away from the model of Soviet central planning.
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The Hanseatic League: An "Empire" of Commerce

Decentralization and SecessionProtectionism and Free TradeWorld History

Blog01/05/2018
The prosperous League had no coherent political organization, and there was no clearly defined administrative center or a system for raising taxes.
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What Hayek Got Wrong About Keynes

BiographiesWorld HistoryOther Schools of Thought

Blog01/01/2018

Was Keynes, as Hayek maintained, a "brilliant scholar"?

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In Africa, Ending a Despot Doesn't End Despotism

Global EconomyWorld History

Blog12/30/2017

We can replace corrupt despots in Zimbabwe and South Africa all day long, but unless major institutional changes take place, nothing will change.

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The Uniqueness of Western Law

World History

Blog12/29/2017
The study of Western Civilization has been all but eradicated. This was no accident.
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Will Myanmar Embrace Market Reforms?

Global EconomyWorld History

Blog12/19/2017
Myanmar is moving away from its socialist past, but many challenges remain.
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Simón Bolívar: Liberator or Tyrannical Demagogue?

World History

Blog12/14/2017
The life of Simón Bolívar is a story filled with despotism, war atrocities, and illiberal views on governance.
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Chile’s "Failed" Neoliberal Reform Is Looking Pretty Good

Global EconomyWorld History

Blog12/12/2017
Chile is getting richer faster than other countries from Latin America. If this is a “crisis,” other nations should hope for a similar fate.
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In Europe, Exploited Regional Populations Are Growing Restless

Booms and BustsWorld History

Blog12/05/2017
Since 2008, we’ve been living in lean times, and the longer people go on without a true recovery, the more resentful they’re going to be.
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