How Poland Became One of Europe’s Best-Performing Economies
Written by Mohamed Moutii For much of the past decade, Europe has been weighed down by prolonged economic stagnation. Growth has slowed, productivity has stalled, and…
Massachusetts 1690: The First Western Fiat Experiment
By Joshua Mawhorter This first experiment with government-issued bills of credit presents a natural historical test case for Modern Monetary Theory (MMT), particularly its…
Emerging Markets Soar While Argentina Waits
By Alejandro A. Tagliavini The weekly commentary from BlackRock—the world’s largest asset manager and investment firm, with over $12.5 trillion in assets—published on February 9,…
How People Keep the World Economy Running
When institutions strain, behaviour adjusts. By Elias Sanchez Despite rising public debt, intensifying fiscal extraction, recurrent economic shocks, and heightened trade and policy uncertainty,…
Inflation: A Dirty Word for “Accommodation”
By George Ford Smith As a “stealth tax,” inflation requires no legislation to impose, no agency to collect, and diverts responsibility for damages onto politicians’…
Money and Power: Fiat Currency, Monetary Corruption, and the Architecture of Extraction
Justin M. Ptak Money is often described as neutral, technical, or merely instrumental—a passive medium facilitating exchange within an otherwise political society. This view…
Trump is at it again with his tariff craziness. How should Canada respond?
By Walter E. Block Before we answer the question, let us give some evidence of the accuracy of this description. He calls tariffs “the…
The Limits of Economic Foresight and the Oracle of Delphi: Why Models Warn, but Never Predict
Why Radical Uncertainty Undermines Predictive Ambitions in Economics By Elias Sanchez In antiquity, kings, generals, and heroes journeyed to the Oracle of Delphi seeking…
The CPI as Evidence of Methodological Error
By Keith Wilkinson Adam Smith’s Wealth of Nations (1776) is considered the beginning of modern economics, a discipline of philosophical and political thought. From Smith to Marx,…
Quantum Adaptation and the Informal Market: A Political-Economic Analysis of Bolivia
Bolivia’s informal economy is not a problem—It is a solution to institutional failure By Elias Sanchez This week, Bolivia inaugurated a new president, Rodrigo…