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, […]
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 […]
The Truth About American Foreign Direct Investment In China In a few decades, China’s risen from a land of rice paddies and rickshaws to one of skyscrapers and steel. How? Yes, China’s smart and industrious, […]
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 […]
I do not know much… but I know this… when we buy manufactured goods abroad, we get the goods and the foreigner gets the money. When we buy the manufactured goods at home, we get […]
America’s economy isn’t what it once was. Don’t believe me? Here are the facts. 1. Gross Domestic Product (GDP) Per Capita Growth Is Slowing America’s economic growth is the slowest it’s been since the Great Depression—all […]
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