The best social policy is one that supports job creation and rising wages. Entitlements do not…
Author: Daniel Lacalle
Massive Stimulus Won’t Prevent a Eurozone Slowdown
Europe's path to long-term stagnation should serve as a reminder for the United States, again, of…
The World Is Drowning in Debt
Debt is neither free nor irrelevant, as interventionists want us to believe, even if interest rates…
Europe’s Bailouts Risk a Full-Blown Financial Crisis
Euro governments are planning to use the banking system for widespread bailouts in the wake of…
Why the Central Bank “Bailout of Everything” Will Be a Disaster
The largest fiscal and monetary support plan since WW II has been instigated with two dangerous…
Why the European Recovery Plan Will Likely Fail
The problem of the European Union has never been a lack of monetary and fiscal stimulus,…
Three Reasons Why the Eurozone Recovery Will Be Poor
The eurozone needs to understand that if it decides to increase taxes to address the rising…
How Governments Broke the Oil Market
The oil industry became one of the main areas of malinvestment in the years of massive…
Central Banks and the Next Crisis: From Deflation to Stagflation
When governments and central banks announce massive stimulus packages at the very beginning of a crisis,…