Global Economy

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France Won't Be Following the UK Out of the EU

Global EconomyPolitical Theory


Some have suggested France might be the next European state to leave the EU. This is unlikely for several reasons.

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Trump's Election May Strain the Euro to the Breaking Point

Global EconomyMoney and BanksMoney and Banking


The euro is already in deep trouble, and the less enthusiastic globalism likely to be offered by Trump will be another blow to the European project.

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We Need More Stuff — Not More Jobs

Global EconomyU.S. HistoryPolitical Theory


As always in an election year, the public clamors for more jobs. But really, they are clamoring for more, newer, and better stuff.

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Chalk One Up for Populism

Global EconomyPolitical Theory


Iceland's populist left-anarchist/libertarian/hacker Pirate party just shook up the corrupt political establishment in Iceland.

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Week in Review: October 29, 2016

Free MarketsGlobal EconomyInterventionism


As public faith in elections falls, and politicians foist an ever greater burden on us, a true populist opposition movement may be growing.

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When it Comes to Household Income, Sweden and Germany Rank with Kentucky

Global EconomyU.S. EconomyPolitical Theory


The OECD has updated it's income measures, and we find that many European welfare states still rank among the lowest-income US states.

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Is De-industrialization a "Natural Phenomenon" of Developed Economies?

Global EconomyWorld HistoryPolitical Theory


The decline in industrial production is in many ways the product of government interventionism.

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Will China Trigger the Next Global Recession?

Global EconomyBusiness Cycles


China has many problems, but it also has a high savings rate, a limited welfare state, and a rising middle class.

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China Moves Forward with Its De-Dollarization Strategy

Global EconomyMoney and BanksMoney and BankingPolitical Theory


The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.

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Mark Carney: Britain's Celebrity Central Banker

Global EconomyMoney and BankingPolitical Theory


As in much of the globe, central bankers in Britain are quickly replacing elected politicians as the most visible and powerful public officials.

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