Global Economy

Kai-Fu Lee’s new book AI Superpowers offers many insights into the development of of AI, but too much of the book is spent chasing economic phantoms.

This should be shocking to naïve citizens and those who assumed that “the science” must all support the UN’s temperature goals.

The eurozone economy is slowing down. The solution isn't more fiscal and monetary stimuli. 

The slowdown of the European economy is a disaster considering the enormous stimulus we are immersed in.

Let's set aside the politically tempting task of speculating about what might happen in the event of a No Deal Brexit, what can we say with certainty will happen?

"The biggest problem, not only economically but also politically, is the debt problem. It is unimaginable, how this madness of creating more and more debt and just pushing the economy by inflating the money supply will end."

Brexit is an opportunity to reset economic, monetary, and trade policies. The implications of getting rid of the EU millstone go far beyond the leaving date of 31 October. 

If the world gets into a currency war — with the assault on wages and savings that devaluation entails — no one wins.

For Ludwig von Mises, international bureaucracies like the WTO devoted to enforcing "free trade" are not progress. They're simply another type of government planning.

For Brussels, giving in on Brexit encourages rebellion from disaffected populations in other member states, but do they really have a choice?