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Global EconomyProtectionism and Free TradeU.S. History
America must reject the false dilemma of managed trade versus regulated trade — and choose free trade.
Global EconomyWorld History
China's new "Silk Road" for international trade is an important component in the regime's larger geopolitical strategy.
Global EconomyTaxes and Spending
Unfortunately, it is often only small countries with few natural resources that appreciate the benefits of being a tax haven.
Big GovernmentGlobal EconomyInterventionism
There is a very stark contrast between market-friendly Botswana, South Africa, and the statist hellhole of Zimbabwe.
Bureaucracy and RegulationGlobal Economy
The bottom line is that Macron should drop his statist European-wide proposals and put all of his focus on fixing France.
There is no danger of China truly freeing its economy and thus really rivaling America's more market-based system.
Global EconomyGold Standard
A major catalyst behind the collapse of the Bretton Woods system was the loose monetary policies of the US central bank, which pushed the price of gold in the gold market above the official $35 per ounce.
If a currency can't be converted on demand into the underlying commodity, it's not "backed" by that commodity.
Global EconomyProtectionism and Free TradeU.S. Economy
What America is facing are the illogical trade policies of an economically illiterate president in the White House.
Booms and BustsThe FedGlobal EconomyBusiness CyclesPrices
Here are two ways to gauge the strength of the world economy.