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Financial MarketsGlobal Economy
There seems to be an increasing consensus that a global recession is coming soon. The good news is that the Spanish private sector is much better prepared than it was in 2007.
Greece will have to do a lot to change from its high-tax, high-regulation status quo in order to improve an economy that has stagnated since 2008.
Booms and Busts
Richard Vague's new book on financial crises repeats many old myths about economic booms, while failing to understand the role of malinvestment and central banks.
Global EconomyMoney and BanksMoney and Banking
The depreciation of the yuan since 2014 is more of a response to market movements than a planned devaluation to gain competitiveness illegitimately.
Big GovernmentFinancial MarketsCalculation and Knowledge
In Canada, it is estimated that between 25,456 and 63,090 Canadian women may have died as a result of increased wait times between 1993 and 2009.
A truly effective criminal justice system would be built on restitution, not imprisonment and punishment. Moreover, government-funded prisons have no incentive to rehabilitate prisons since they receive funding regardless of outcomes.