The Great Stall of China

The Great Stall of China

By William Hecht.   People who know I used to be an investment advisor do not ask me whether they should buy or sell. Most people want to know why the market is doing what it is doing. And they are right to ask that; if the cause is seen [...]
U.S. Secular Stagnation?

U.S. Secular Stagnation?

By Steve Hanke.   Stagnationists have been around for centuries. They have embraced many economic theories about what causes economic stagnation. That’s a situation in which total output, or output per capita, is constant, falling [...]
How To Make 8% Every Year With Zero Risk

How To Make 8% Every Year With Zero Risk

By Barry Ferguson.   Is it possible to make 8% investing money in stocks every year with zero risk? Yes. How? Well, by now, all investors should know that there are no longer stock ‘markets’. They have been replaced by stock ‘carnivals’. [...]
Whither emerging markets foreign exchange reserves

Whither emerging markets foreign exchange reserves

  By Otaviano Canuto. After a exponential rise in foreign exchange reserves accumulation by emerging markets from 2000 onwards, the tide seems to have turned south since mid-2014. Changes in capital flows and commodity prices have [...]

The Crash of junk bonds is indicating something that has yet to happen in the stock market!

By Chris Vermeulen.   We are approaching the most anticipated and crucial week of the past seven years, and the global markets have been selling off. Last week, saw crude oil, junk bonds and the stock market competing with one another, [...]
The World of Work Has Changed, and It's Never Going Back to the "Good Old Days"

The World of Work Has Changed, and It’s Never Going Back to the “Good Old Days”

By Charles Hugh.   Wishful thinking is not a solution. The world of work has changed, and the rate of change is increasing. Despite the hopes of those who want to turn back the clock to the golden era of high-paying, low-skilled manufacturing [...]
On Montenegro's March to NATO

On Montenegro’s March to NATO

By Steve Hanke.   Many were surprised when NATO defied Moscow and invited Montenegro to join the military alliance. Some, like the New York Times went so far as to assert that the tiny Balkan state was of “no strategic significance.” [...]
Why $2 a Gallon Gas? OPEC and the Frackers

Why $2 a Gallon Gas? OPEC and the Frackers

By Karl Grossman.   Wondering why the price of gasoline has plummeted to around $2 a gallon? It is largely an attempt to quash one of the most odious of energy processes—fracking—by a most odious of energy organizations, OPEC. Hydraulic [...]
The Rise of Renewables – A Threat to the Oil & Gas Industry?

The Rise of Renewables – A Threat to the Oil & Gas Industry?

By Salman Ghouri. Fossil fuels have been the dominant source of energy for global economic prosperity for over 150 years and today still accounts for over 86% in global energy mix. The question is what would be its role during the next 2 [...]
What Is Impact Investing?

What Is Impact Investing?

 By Robert Rubinstein.     Impact Investment figures range from 60 billion in assets under management with 10+ billion invested in 2014 (Eyes on the Horizon:The Impact Investor Survey May 2015, JP Morgan and GIIN). There are [...]
Bank Regulations Continue to Hinder the U.S. Recovery

Bank Regulations Continue to Hinder the U.S. Recovery

By Steve Hanke. Money matters — it’s one of Milton Friedman’s maxims that I repeat often in my columns. Since the Northern Rock bank run of 2007 — the “opening shot” of the financial crisis — the money supply, broadly measured, [...]
Bernanke and the Slow-Growth Crew

Bernanke and the Slow-Growth Crew

By Peter J. Wallison   The former Fed chairman’s memoir helps explain why this economic recovery has been so disappointing. News that the U.S. economy grew only 1.5% in the third quarter again raises the question: Why has the recovery [...]
Economic Freedom, Not Egalitarianism, Eradicates Poverty and Builds Wealth

Economic Freedom, Not Egalitarianism, Eradicates Poverty and Builds Wealth

By Richard Larsen.   America was was intended to be a “shining city on a hill” of freedom, individual liberty, and unlimited opportunity. She was never intended to be a socialist state. Socialistic egalitarianism is strikingly antithetical [...]
Australia: Untested tax bill needs proper review

Australia: Untested tax bill needs proper review

      By Andrew Leigh.   Scott Morrison should commit to a formal review of the Multinational Tax Bill by 2018, as recommended by the Senate Economics Committee this evening. The committee’s report reflects Labor’s reservations [...]
Market analysis

Market analysis

By Paul Note. “I know you think you understand what you thought I said, but I’m not sure you realize what you heard is not what I meant.” “Fed Speak” was invented by Alan Greenspan in the interim period between nothing coming from [...]
America Is Not Denmark, and Shouldn’t Emulate It

America Is Not Denmark, and Shouldn’t Emulate It

By Richard Larsen.   At the Democrat presidential debate two weeks ago, Vermont Senator Bernie Sanders said we “should look to countries like Denmark…and learn from what they have accomplished for their working people.” The good [...]
Break up the EU... before Europe breaks down completely

Break up the EU… before Europe breaks down completely

By Mike Guillaume.   “The Final Countdown” was a song played by a (Swedish) band called… Europe, which topped the charts in the 1980s, not long after Beethoven’s “Ode to Joy” was adopted as the then EC (now EU) anthem.1 How [...]
Copper wired for higher prices

Copper wired for higher prices

By Richard (Rick) Mills.   My article titled ‘Give It A Doubt’ was about population growth, urbanization in developing countries and the one billion people predicted to join the consuming classes by 2025. “One billion people will [...]
Pictures for the Pope and progressives

Pictures for the Pope and progressives

By Steve Hanke.   In September, Pope Francis visited the United States, where he addressed the U.S. Congress. His address, while nuanced, hit on social justice themes. The Pope’s remarks were well received by left-of-center politicians [...]

The role of institutional investors is curbing corporate short-termism

By Robert C. Pozen.   Institutional investors are the majority owners of most publicly traded companies but allow activist hedge funds with smaller positions to push through corporate changes. The author offers various reasons why [...]