Money and BanksWorld HistoryMoney and Banking
Today the world's oldest central bank turns 350. In a just world, this anniversary would instead be an opportunity to end this monstrous experiment.
Global EconomyProtectionism and Free TradeWar and Foreign Policy
The Chinese government has to present unbreakable strength, but they are more vulnerable to a trade war than they admit.
Global EconomyTaxes and Spending
One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.
The concluding phase of credit expansion before the credit crisis is now about to begin.
Production TheoryValue and Exchange
The EntrepreneurEntrepreneurshipMonopoly and Competition
Protectionism and Free Trade
Chinese plans for east Africa, the Indian Ocean, and a huge Eurasian trade zone make American tariffs a lessening problem for the Chinese state.
Calculation and Knowledge
SocialismOther Schools of Thought
The fundamental concept of the Communist Manifesto was that of “class” and “class conflict.” But Marx didn’t say what a “class” was.