By Nelson Hultberg.   Greece defaults. The Dow plummets 350 points in one day. Ugly, ominous DEBT builds up like a giant snow cliff hanging over the economic valleys of the West. Is this the end of the Great Keynesian Charade [...]

  By Donna Wells.     Iceland’s Foreign Minister, Gunnar Bragi Sveinsson, visited the United States this week. Allow us to examine Iceland’s economy in terms of both its overall health as well as its bilateral trading [...]

  By Steve Hanke.     Banks in Greece will not open their doors Monday morning. Greece has been moving towards this dramatic final act ever since it was allowed to enter the Eurozone with cooked fiscal accounts in January [...]

  By Richard Mills.     New Carolin Gold Corp. TSX.V-LAD has acquired an additional 30% ownership in the Ladner gold project. Previously LAD had a 10% undivided interest in the property that holds the core asset plus 100% of [...]

  By Donna Welles.     Geopolitical analysis of Ethiopia is currently highlighting both the elections that took place this week as well as Ethiopia’s economic growth. Elections there were peaceful, although what has emerged [...]

By Donna Welles.   Zimbabwe enjoys high literacy rates and a dynamic music and comedy scene. It has colonial roots in the United Kingdom; Cecil Rhodes harvested diamonds there. In modern times, the People’s Republic of China has [...]

  By Steve H. Hanke. I estimate the current annual implied inflation rate in Ukraine to be 92 percent. This is the world’s second-highest inflation rate, far lower than Venezuela’s 480 percent but slightly higher than Syria’s [...]

    By Peyman Jonoubi.     TEHRAN –The price of gasoline and gasoil has been a big challenge for oil exporting counties including Iran and at the same time good commodities for oil importing countries to collect revenues [...]

  By Barry Ferguson.   The US federal minimum wage is getting a lot of attention these days. I have no doubt that the current $7.25 per hour minimum wage will be raised soon because american intellect has been diseased and destroyed [...]

  By Donna Welles.   Ecuador is the only country in South America to use the $USD as its national currency. Ecuador has also experienced the most dramatic growth in GDP since 2000, 415% GDP growth. Allow us to examine Ecuador’s [...]

By Steve H. Hanke.   Although Venezuela’s inflation has soared (see “Up, Up, and Away“), Venezuela is not experiencing a hyperinflationary episode — yet. Since the publication of Prof. Phillip Cagan’s [...]

  By Lawrence Wittner.   The Sad Case of Start-Up NY   For several decades, state and local governments have been showering private businesses with tax breaks and direct subsidies based on the theory that this practice [...]

By Peyman Naoubi.   TEHRAN Nov 08 (Shana)–Under an established pattern in the oil market, world oil demand shrinks during the first three months of each year in comparison to the fourth quarter of a year earlier. Therefore, oil [...]

  By Steven Hansen.   Summary Dodd-Frank is touted as the protector of the economy from failures of the Too Big To Fail (TBTF) banks. Arrogance and ignorance makes one believe there is a defense possible to prevent damaging [...]

  By Steve Hanke.   The rule of law subjects the State to a fixed set of rules that limits the scope of its coercive powers. Individuals and their property are protected from the arbitrary, ad hoc actions of the State and other [...]

By Jeff Frankel.   In marketing the TPP, Obama tends to emphasize some of the features that distinguish it from earlier pacts such as the North American Free Trade Agreement (NAFTA). These include commitments by Pacific countries on [...]

    By Michael Bach.     We have been warning for years that as bankrupt Western countries came closer to being completely insolvent that they would begin instituting capital controls, doing bank bail-ins, taxing cash and [...]

By Mark Nestmann.   Cash has never been a popular asset with the totalitarian set. It’s difficult, if not impossible, to trace. Cash makes it possible to do business “off the books.” For decades, with the US leading the effort, [...]

    By Steve Hanke.   When banks are in distress, it is important to assess how easily the bank’s capital cushion can absorb potential losses from troubled assets. To do this, I performed an analysis using Texas Ratios [...]

    By Peter J. Wallison.   The central bank’s expansive regulatory powers should be subject to congressional and executive branch oversight. With Republicans soon to hold majorities in the House and Senate, many commentators [...]