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Global EconomyMoney and BankingPolitical Theory
It has now become clear that in many ways the European Union is a cartel of high-tax governments.
Global EconomyTaxes and SpendingPolitical Theory
Ireland has tried to attract businesses by undercutting the tax rates of its neighbors. That is a good thing wherever it occurs.
Global EconomyTaxes and SpendingMonopoly and Competition
Free-trade deals — which are more about increasing government power than trade — are in retreat in the face of Brexit and Trump.
Global EconomyMoney and BanksMoney and Banking
Investors are not cooperating with the Bank of England's efforts to drive Brits to riskier investments.
Global EconomyPolitical Theory
Brazilian President Dilma Rousseff was impeached this morning. Is there any hope the country might turn to freedom and free markets?
Pension funds, savings accounts, and insurance funds — all essential middle class tools for savings — are seeing their yields dry up.
Central bankers have become enablers to debt-addicted governments.
Government is not a wealth-creating entity, and more stimulus will not help the economy. In fact, more stimulus will hurt the wealth creation process.
Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.
Global EconomyAustrian Economics OverviewBusiness Cycles
Mainstream economics is fraying at both ends. It is vague, and lacks precision. Austrian economics, meanwhile, is rooted in concrete human action.