July 23, 2020

Lebanon Hyperinflates

Just how has Lebanon found itself in such an inglorious position? For years, the Lebanese government, the central bank (Banque du Liban), and savers played a game.

National Review (Online)
February 6, 2020

Iran Is Not Hyperinflating

While Iran came close to hyperinflating in the fall of 2012, it has never experienced an episode of hyperinflation.

National Review (Online)
September 18, 2018

The Menace of Central Banks: Iran and Turkey Front and Center

Countries that have employed currency boards have delivered lower inflation rates, smaller fiscal deficits, lower debt levels relative to the gross domestic product, fewer banking crises, and higher real growth rates than comparable countries that have employed central banks.
September 13, 2013

Egypt’s Biggest Problem Is Economic

Egypt’s tragedy lies not just in the unwillingness of the military to allow for a peaceful transfer of power to a democratically elected government.

Financial Times
July 9, 2013

To Save Egypt, Fix the Economy

The next leader of Egypt will have the opportunity to lift millions of Egyptians out of poverty and open the economy to entrepreneurship, trade and investment.
Daily Caller