
Orbán Is Right: The Euro Would Cripple Hungary
Prime Minister Orbán recently confirmed that Hungary has no intentions of joining the euro zone. This is one of his best and most consequential policy decisions ever.

Prime Minister Orbán recently confirmed that Hungary has no intentions of joining the euro zone. This is one of his best and most consequential policy decisions ever.

Eurostat says inflation looks calm—but beneath the surface, a worrying split is emerging. Polarized inflation poses a serious challenge for the ECB and an increasingly hands-on Brussels.

The European Central Bank has cut interest rates again, and the Federal Reserve may follow. With inflation rising in both regions, these rate cuts must stop.

The ones who get to enjoy lower rates are the ones who live on the right side of the euro-zone border. But not in the way we usually think of the euro zone.

Bulgaria is on the cusp of joining the euro but has not yet set a firm accession date. They would be wise in waiting to give up their own currency.

The president of Argentina wants to make it illegal to print money for budget deficits. Economic theory says he is right, but the politics of the welfare state may get in his way.

The Swedish government’s budget is thoughtful, intelligent, and well balanced. Let’s see if it also can deliver as promised.

There was a lot of media attention recently to Germany being in a recession. The only problem is that those who said so, were wrong. Here is why.

We will only get one chance to save America from the abyss of a debt crisis. Let us make sure we get it right on day one.

Financial markets are important to governments that need a lot of tax revenue to pay for their welfare states. The problem with taxes levied on financial markets is that they generate unstable revenue.