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Global EconomyWorld HistoryPolitical Theory
Under Castro, Cuba has really been two Cubas. There is relative abundance for the ruling class, and cruel, enforced poverty for everyone else.
Free MarketsGlobal EconomyInterventionism
Global EconomyTaxes and SpendingPolitical Theory
India serves as a striking example of an emerging market that has overcome the shackles of protectionism.
Global EconomyPolitical Theory
Prime Minister Shinzo Abe is repeating Herbert Hoover's failed plan to fix an economy by keeping wages high.
Some have suggested France might be the next European state to leave the EU. This is unlikely for several reasons.
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.
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.
Iceland's populist left-anarchist/libertarian/hacker Pirate party just shook up the corrupt political establishment in Iceland.
As public faith in elections falls, and politicians foist an ever greater burden on us, a true populist opposition movement may be growing.
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.