What is Mercantilism, And How Does It Work? Everything you “know” about mercantilism is wrong. Dead wrong. But don’t worry, you’re not alone. No one seems to know what “mercantilism” means—even people who pretend to, […]
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 […]
How Did China Get Rich? Most people don’t get China. It’s far away. They speak a different language. Their culture, philosophy, religion—everything is super different. Because of this, or perhaps because of China’s historical isolation, […]
Neither Free Trade Nor Immigration, Nor Lower Taxes Causes Economic Growth You hear it again and again from the media: “free trade causes economic growth”, or “we need more immigrants to sustain the economy”. That’s […]
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 […]
Why Study 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 (read: China). By following pied-piper theorists like […]
America’s Protectionist History “He who controls the past controls the future. He who controls the present controls the past.” ― George Orwell, 1984 We’re taught in school that America’s always been a free-trading nation. America was an […]
Did China and India Really Have The Biggest Historical Economies? We are constantly told by the media that Western hegemony is a historical aberration, and that China and India have traditionally been the centers of […]
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