International

Monday, February 11th, 2019

Argentina has shown itself incapable of managing the money supply appropriately. It would do better by outsourcing its monetary policy.

Wednesday, January 9th, 2019

Argentina has secured an IMF agreement and announced aggressive policies to reduce its fiscal deficit and inflation rate. But that might not be enough to comfort its creditors.

Monday, December 31st, 2018

The road not taken by Cuba, that of not having the revolution, is one on which the country would have been healthier and richer than it is now. This denial of human flourishing makes Cuba just like any other Communist regime, and thus the regime deserves only scorn.

Thursday, December 20th, 2018

In 2018, all major institutions that provided the basis for the international order since the second half of the past century have come under fire, from NATO and the United Nations, to the role of the World Bank and the International Monetary Fund, to the World Trade Organization and the European Union. China flexes its muscles and challenges the role of the United States while the US president promotes protectionism and isolationism.

Tuesday, December 18th, 2018

The best solution would be if the British authorities followed a policy of laissez-faire. What would this mean?

Wednesday, December 5th, 2018

The Sentinelese people are a remnant reflecting what human life and social experience was like for all of mankind for thousands of years: small bands of interrelated families living the most bare and primitive existence.

Wednesday, November 28th, 2018

AIER was founded on the principle of sound money and has always had a strong connection to gold. To balance all the research and theoretical work we are doing on campus, we went on a field trip to Ottawa, the city hosting the Canadian central bank museum as well as the Royal Mint of Canada.

Tuesday, November 27th, 2018

Economists have pondered for centuries, if not millennia, how to get rid of poverty, starvation, and all other kinds of social ills. Seemingly they did not think about asking Luigi di Maio, the 32-year-old deputy prime minister of Italy.

Friday, October 26th, 2018

The economy is in depression, the unemployment rate is in the double digits, and the fiscal situation is bleak.

Monday, September 10th, 2018

"It is time to put an end to all corporate privilege. We should start by abolishing, completely and permanently, the Ex-Im Bank." ~ Veronique de Rugy

Sunday, September 9th, 2018

"The much-heralded 'postwar consensus' created this problem, out of misguided dreams of a caretaker state that managed the whole of life for everyone in who manages to fit within its inflated geographic orbit. The dream was too big, too expansive, too expensive, and it used the wrong means (force over choice). Something has to give – and this explains the politics over much of the Western world today, with Sweden as the latest example." ~ Jeffrey Tucker 

Sunday, August 26th, 2018

A nationalism that presents itself as a friend of liberty is one that must willfully ignore that most bitter lessons of the last century, while eschewing the greatest lesson of all: the only true guarantor of liberty is liberty itself.

Friday, August 24th, 2018

What Farrier proves with “Dark Tourist” is that for every version of Anthony Bourdain’s “No Reservation,” where the host connects with the locals and draws profound lessons from their way of living, there’s a tourist who just wants to get skin-deep into the next attraction, just so he can then move on to the next, and the next, etc. And unlike many critics of "Dark Tourist" may suggest, there’s nothing wrong with that.

Thursday, August 23rd, 2018

Since 2010, the balance sheet of the Turkish central bank has more than tripled. This expansion came as the result of putting an end to the independence of the Turkish central bank by Turkey’s president Recep Tayyip Erdogan. He was democratically elected in 2014 and re-elected in 2018. Over the years since he took power, he has become increasingly authoritarian to the dismay of his Western allies, including the United States.  

Wednesday, August 22nd, 2018

The Chinese government’s insistence on “making China great again” through various forms of command and control (at home and abroad) suggests that things are not likely to work out according to plan.

Thursday, July 26th, 2018

Whether Iran deserves to be re-embargoed is a complicated matter. But we know for sure that such embargoes put the dollar's dominant role in the global payments system at risk.

Thursday, January 25th, 2018

Trump seems to understand what is wrong with red tape and high costs within the borders but he seems blind to the terrible costs of doing the same to goods and services that cross the border into the United States.

Sunday, July 16th, 2017

The Federal Reserve’s (Fed) and European Central Bank’s (ECB) policy responses to the recent financial disasters offer two tales of unintended consequences.

Monday, January 5th, 2015
As several of the worse performing currencies are in countries where the government manipulates statistics and exchange rates, it is not easy to come up with a perfect ranking. Using the inflation rate is a good approximation.
Friday, November 22nd, 2013
By Steve Hanke   Well, it’s official, the economic talking- head establishment has declared war on Germany. The opening shots in this battle were fired by none other than the United States Treasury Department,

Pages