Global Economy

Interviewed by host Redmond Weissenberger, Mark Thornton discusses the history of the U. S. empire of debt.

Central banks in both Turkey and Argentina have tightened their monetary policies setting in motion an economic bust.

Concerned with income inequalities, Obama and democrats are wrongly focusing on the results instead of the causes.

Section Five: Workers and Unions. Narrated by Harold L. Fritsche.

Presented at the 2012 Mises Institute Supporters Summit, "The Truth About War: A Revisionist Approach".

Sweden is turning to markets and private payer insurance for answers to their state-run health care.

Money is a measure of value as the ruler is a measure of length. Changing the length of a ruler, or constantly manipulating the money supply, can only create chaos.The ECB doesn’t realize that constantly changing the measuring stick makes entrepreneurial decisions much more difficult?

Japan suffers the universal results of high taxation and the wide variety of social problems that follow. No longer is one income enough to make ends meet. Government regulations make it difficult for new industries to compete against the established giants and most industries behave like state-owned enterprises.

Austrian economics teaches that understanding the “economy” can only be undertaken with the aid of economic theory. There is no formula or equation for understanding the economy. It cannot be measured in any meaningful scientific way. Only the logical construction of cause and effect aid us.

What the media calls a “currency war,” whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide.”