While the legislation introduced in the US Congress remains fiction under a Republican executive and senate, the Brussels initiative will become law unless there is considerable opposition from EU member states.
Why does gold still matter? Politicians, central bankers, and investors dismiss it as a relic, but the precious metal still plays a role in today's economy. Keith Weiner of Monetary Metals explains why.
An essential aspect of the Mengerian-Misesian tradition — the emphasis that it puts on the entrepreneurial character of all human action, that is, its inherent entanglement with the problems of scarcity and uncertainty.
On a recent mountain-climbing trip to Russia, it became very clear how nation and state are two very different ideas. Most everyone I encountered was proud of his nation. Few had much good to stay about their states.