The UK's economy is stronger than the EU and never collapsed as a result of the Brexit vote — as was predicted — but the UK is oddly acting like it needs the EU.
Booms and BustsLabor and WagesBusiness Cycles
Here are the fateful words that set the stage for years of high unemployment: “We believe in the principle of high wages.”
The FedGlobal EconomyMoney and Banks
The challenge from now on for OPEC and for oil producers is not to seek artificial price inflation, but to improve efficiency.
The EntrepreneurLabor and Wages
Countries with the highest levels of robotization have the lowest unemployment rates.
Decentralization and SecessionFinancial MarketsMoney and Banks
Financial MarketsGlobal Economy
The recent collapse of the Argentine Peso and other emerging currencies doesn't bode well for the global economy.
Global EconomyProtectionism and Free TradeInterventionism
Trump has exposed the hypocrisy of the "free trade" advocates in China and Europe. But by raising tariffs, Trump and other world leaders are inviting disaster.