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Global EconomyPolitical Theory
Prime Minister Shinzo Abe is repeating Herbert Hoover's failed plan to fix an economy by keeping wages high.
Some have suggested France might be the next European state to leave the EU. This is unlikely for several reasons.
Global EconomyMoney and BanksMoney and Banking
The euro is already in deep trouble, and the less enthusiastic globalism likely to be offered by Trump will be another blow to the European project.
Global EconomyU.S. HistoryPolitical Theory
As always in an election year, the public clamors for more jobs. But really, they are clamoring for more, newer, and better stuff.
Iceland's populist left-anarchist/libertarian/hacker Pirate party just shook up the corrupt political establishment in Iceland.
Free MarketsGlobal EconomyInterventionism
As public faith in elections falls, and politicians foist an ever greater burden on us, a true populist opposition movement may be growing.
Global EconomyU.S. EconomyPolitical Theory
The OECD has updated it's income measures, and we find that many European welfare states still rank among the lowest-income US states.
Global EconomyWorld HistoryPolitical Theory
The decline in industrial production is in many ways the product of government interventionism.
Global EconomyBusiness Cycles
China has many problems, but it also has a high savings rate, a limited welfare state, and a rising middle class.
Global EconomyMoney and BanksMoney and BankingPolitical Theory
The world monetary order is changing. Slowly but steadily, global trade and currency markets are becoming less dollar-centric.