Global Economy

Argentina belongs to the large group of countries that have been systematically ruined by their own governments. There is no easy way out of this. 

In this episode, Murphy clarifies what is right and wrong on comparative advantage.

Tom DiLorenzo appears on Stacy Washington NOW to explain why there is no shortcut to economic prosperity.

Does bad money drive out good money? Mark Thornton discusses one of the most impactful principles of modern society.

Sponsored by Dan Johnson and Randee Laskewitz.

It is ironic that the leaders of the American state are quick to condemn foreign dictators as irrational when their own policies are often irrational themselves.

With the European economy remaining relatively stagnant and government debt levels climbing to disturbing levels, it's possible that some of these countries will see another debt crisis like we saw in Greece more than a decade ago.

So-called fair trade is the rage among elites who believe that it protects people in poor nations who would like higher prices for their exports. In reality, fair trade distorts prices and provides disincentives for consumers.

With the European economy remaining relatively stagnant and government debt levels climbing to disturbing levels, it's possible that some of these countries will see another debt crisis like we saw in Greece more than a decade ago.

Prompted by a listener request, Bob gives the standard economic analysis of tariffs and other types of taxes.