Global Economy

High public (external) debts and persisting import surpluses are signs of a weak currency.

Many New Age leaders  embrace the state and advocate world government.

If not for these private game reserves, a number of species would be extinct.

Devaluation means monetary expansion. The resulting bubble is misinterpreted as the success of devaluation. There ensues a disastrous race to the bottom.

As important as it is to dissolve the euro, there are significant exit problems.

The costs and risks of remaining within the European Monetary Union (EMU) are already immense and rising.

The highest cost of the Fed policy may be liberty in Europe.

Presented in 1985 as a part of the Mises Institute’s “Washington Seminar Series” in Washington DC.

Despite the obvious benefits of liberalization, India still continues to centrally plan the economy and indulge in socialistic schemes.