Hichem Karoui

Cato Policy Report, January/February 2010

by Jeffrey Friedman

Jeffrey Friedman is the editor of Critical Review and of Causes of the Financial Crisis, forthcoming from the University of Pennsylvania Press.

You are familiar by now with the role of the Federal Reserve in stimulating the housing boom; the role of Fannie Mae and Freddie Mac in encouraging lowequity [...]

The U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged.

“The panic itself was felt in every part of the globe,” the Wall Street Journal reported. “It was as if a volcano had burst forth in New York, causing a tidal wave [...]

A.T. Kearney

The Foreign Direct Investment Confidence Index is a regular survey of global executives conducted by A.T. Kearney. The Index provides a unique look at the present and future prospects for international investment flows. Companies participating in the survey account for more than $3.8 trillion in annual global revenue.

Using payment systems to combat the shadow economy

At almost $3 trillion, the shadow economy — that blurry area of commerce that includes legal activity hidden deliberately from public authorities — makes up a sizeable portion of economic activity in Europe. This study, performed for VISA Europe, examines the structure of the [...]

Critical Studies on the Possibilities of Socialism
by N. G. PIERSON, LUDWIG VON MISES,
GEORG HALM, and ENRICO BARONE
(Edited) with an Introduction and a Concluding Essay
by F. A.HAYEK

THERE is reason to believe that we are at last entering an era of reasoned discussion of what has long uncritically been assumed to be a reconstruction of society on [...]

Samir Amin

The expansion of capitalism is destroying the planet and placing the future of people in the South in jeopardy, writes Samir Amin in this week’s edition of Pambazuka News. Consumption levels in Europe, North America and Japan are four times higher than the per capita global average, a figure which already outstrips [...]