Global Economy

Recorded at the Mises Institute on July 6, 2005.

The Group of Eight finance ministers will meet this week in Perthshire, Scotland, writes Joseph Potts, to address various weighty financial decisions that their governments have expropriated from the more-capable hands of their citizens.

The U.S. trade deficit is an American problem, writes Antony Mueller. It is the result of insufficient savings at home and a widening budget deficit. 

For years people will debate the real reasons the US invaded Iraq. Lew Rockwell looks at the facts.

Frank Shostak explains that China is not the cause of bad US monetary policy.  

Like FDR, George Bush got his war, writes Joseph Potts, but Bush went his Democratic predecessor one better—a big one better.

The increased liberalization of world trade, writes Stefan Karlsson, has increased the scope of international division of labor and permanently helped raise growth in the world as a whole.

Joseph Potts asks how much longer the United States, in its dealings with Cuba, will continue its futile and ossified policy of frustrating the very sort of trade that made the US the wonder and envy of the world.

Since the turn to the 21st century, writes Antony Mueller, the factors that once supported dollar dominance have increasingly come under challenge. 

Recorded at the Austrian Economics and Financial Markets conference at The Venetian Hotel Resort Casino, Las Vegas, 02-19-2005