Protectionism and Free Trade
Perhaps the best proof of the current divorce between theory and reality in international economics is the economists who declare themselves in favor of free trade while also opposing the removal of all tariffs and customs.
There's nothing wrong with consulting statistical data. But this data can only be properly understood if one first has a good grasp of sound theory.
Money and BanksMoney and Banking
By creating money out of thin air, central banks repeatedly create bubble industries that must inevitably be liquidated.
Financial MarketsGlobal EconomyTaxes and Spending
Germany’s role as the locomotive and economic leader of the entire bloc has been crucial for the last decade.
The FedFinancial MarketsGlobal Economy
The monetary czars at the world’s central banks are coming to terms with the fact that a no-deal Brexit now seems to be the most likely outcome.
Free MarketsPolitical Theory
The EnvironmentGlobal Economy
It is clear that for the planet to keep up with a rapidly growing population, it is necessary to liberate the global economy.