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Cronyism and CorporatismGlobal EconomyProgressivismU.S. EconomyWar and Foreign PolicyWorld History
It's fitting that the G7 recently met in Hiroshima because the policies they are following are blowing up the world economy.
Central BanksInflationMonetary Policy
Argentina is one of the world's poster children for hyperinflation. Unfortunately, monetary reforms aren't working because the authorities are not serious about having a sound currency.
Big GovernmentBureaucracy and RegulationDemocracyLibertarianism
The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments.
What many people call government generosity Leonard Read called avarice.
While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology.
Taxes and Spending
The Republicans' "Fiscal Responsibility Act" allows the government to continue adding trillions of dollars of debt that will be monetized by the Federal Reserve.
HayekCalculation and KnowledgePricesProduction Theory
While F.A. Hayek's famous 1945 essay effectively critiques the "perfect information" hypothesis, it is an inadequate explanation of the issue of economic calculation.
A free society depends on certain principles, and Western thinkers—including many "dead white males"—played a major role in their development.