Sunday, 24 July 2016

Commentary

Commentaries by Atlas staff and those associated with the Sound Money Project.

The monetary ripples of Brexit

Posted by Yamila Feccia
July 20, 2016

June 23 will most likely be remembered as a turning point in Britain’s fate, as 17.4 million Britons expressed their desire to sever ties with the European Union (EU) in a historic referendum. The British, and global, economy is facing an imminent cloud of uncertainty. From the moment that the markets opened, and crashed, last […]

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Austerity isn’t failing, big government is

July 18, 2016

Bill Emmott at Project Syndicate claims that austerity is failing—just look at the poor European recovery after the financial crisis and the weak Japanese economy. Austerity is not working and therefore it is time to turn fiscal and increase government spending. This is the core of Emmott’s argument. Don’t forget, however, that he considers the Eurozone […]

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Against monetary democracy

July 13, 2016

Thanks in part to high-profile and controversial public policy since the financial crisis, and to a lesser extent politicians such as Ron and Rand Paul, the monetary and financial arrangements of the United States have become a surprising source of public indignation.  Monetary and financial policy, previously a subject that would put almost all voters […]

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On Brexit

July 6, 2016

There has been a strong (and I’m inclined to say emotional) negative reaction to the Brexit. But really, it doesn’t have to be the end of the world for the British economy. Being a member to the European Union (EU) imposes two constraints.  First, there is an upper constraint on how much economic freedom a country may have […]

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Macro Musings Podcast

June 27, 2016

If you are a fan of podcasts, let me recommend this relatively new one hosted by David Beckworth at the Mercatus Center. David’s views on the Great Recession are quite similar to those expressed by me and others on this blog. His list of guests to date includes John Taylor, John Cochrane, George Selgin, Scott […]

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Venezuela vs. Ecuador (Chavismo vs. Chavismo Dolarizado)

Posted by Steve H. Hanke
June 24, 2016

This article appeared in the July 2016 issue of Globe Asia. With the arrival of President Hugo Chávez in 1999, Venezuela embraced Chavismo, a form of Andean socialism. In 2013, Chávez met the Grim Reaper and Nicolás Maduro assumed Chávez’ mantle. Chavismo has not been confined to Venezuela, however. A form of it has been adopted by […]

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