Global Economy

China is growing despite government meddling in the economy, not because of it. 

One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.

When interest rates increase in the future, busts and losses for banks will follow.

Implementation of Marx’s ideas make nobody happy, other than spoiled millennials who aren’t suffering under it.

Argentina is a warning, and administrations should take this as a serious signal before the scare turns into a widespread emerging market crisis

The bureaucrats at the IMF and other international bureaucracies actually want people to believe that bigger government means more prosperity.

Thanks to the defeat of the more fiscally responsible member states, the EU has become a de facto transfer union. 

The first thing to remember is that monetary chaos is not primarily “international” at all. It exists basically within each nation.

Argentina is faced with a model that has disproportionately increased the tax burden on the most productive sectors to subsidize the lowest productivity sectors.

Discrimination against women is a phenomenon of anti-capitalist and Muslim countries. Protection of women’s rights is a phenomenon of capitalist and Western countries.