Global Economy

This weekend, we feature our own Senior Fellow Mark Thornton in an appearance on Paul Molloy’s "Freedom Works" radio show.

The Europeans have decided to limit funding and credit extended to the Greeks. This puts the Greek financial system under pressure, but there are free-market solutions that could set the Greeks on the path to a sound economy.

The Europeans have decided to limit funding and credit extended to the Greeks.

The Jones Act and similar laws have been behind a precipitous decline in global American shipping. Passed for "national defense" purposes, such laws only serve to raise the cost of shipping to US ports while restricting consumer access to goods.

Once upon a time, the Chinese were the enemies of private property rights and free markets, and the Americans were the enemies of the Chinese and purported to cherish the institutions that the Chinese hated. Today no such clear-cut difference exists. If anything, today’s Chinese in high places seem to be more inclined to say kind words about private property rights and the free market than are comparably placed Americans.

Korea's economy has taken off since the 1997 financial crisis, and so has Korea's cultural and economic prominence on the world stage. But is Korea repeating the mistakes of Japan and other centrally-planned boom economies?

Interviewed by host John O’Donnell, Mark Thornton discusses

In this interview, Mark Thornton talks to host Scott Horton about how we are much better off without the fed,

When a central bank devalues a currency, it is often said that the devaluation will help exporters, and thus the whole country, as a result. But this simplistic analysis ignores the many downsides of inflating the currency.

Economist Philipp Bagus talks with us from Europe about the Swiss franc, the euro, and what the future holds for the debt-laden governments of the Eurozone.