Why America’s Trade Deficit Will be at the Heart of the Next Economic Collapse Ask ten physicists a question about physics and you will get one (correct) answer. Ask ten economists a question about the […]
Economic Globalization Inevitably Leads to Political Globalism I’ve had my fair share of debates with so-called conservatives who, on the one hand, vociferously (and rightly) denounce political globalization, while at the same time they sing songs of […]
President Trump Talks Tariffs, Mainstream Media Goes Bananas The liberal media is up to its usual histrionic tricks. What are they crying about this time? Tariffs. President Donald Trump ran a campaign on protectionist policies […]
Why You Should Care About The US Trade Deficit President Donald Trump claims the negative US balance of trade—otherwise known as America’s trade deficit—is causing unemployment, and killing America’s economy. This is nothing new: ending […]
Fewer Americans Are Self-Employed Today Than In 1990 In 1990 8.7 million Americans were self-employed. Today, only 8.4 million Americans are self-employed. This happened despite the fact that the US population has grown from 249 […]
Outsourcing vs Offshoring: What’s the Difference? “Outsourcing” and “offshoring” used to be some of the trendiest buzzwords in business: if you weren’t offshoring to India or China, you were regarded by America’s business elites as […]
Updated May 16, 2017 Today US Senator Charles Grassley said that he believes Trump is leaning towards a trilateral renegotiation of the North American Free Trade Agreement, between the US, Canada, and Mexico. This would […]
What Is Economic Nationalism? Everyone’s talking about economic nationalism, but no one seems to know what it is. This article clears that up. I’ll tell you what economic nationalism is, give you some historical examples […]
Like Father, Like Son: On Britain’s & America’s Economic Decline If history repeats itself, why the hell don’t we learn from it? Good question. I wish I had the answer. I don’t—but I have a […]
Why Study Economic History? Modern (theoretical) economics has failed us. It’s led America down the road to economic collapse, while at the same time empowered and emboldened our rivals. By abandoning empiricism (the use of […]
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