Even some libertarians are under the delusion that regional free trade agreements are motivated by a desire to reduce trade barriers. In reality, states form trade associations to increase their bargaining powers on a global scale. As such, trade agreements are merely tools to promote the agenda of elites. Although Americans may be uninterested in the parochial affairs of Caribbean states, a recent trade dispute among members of the regional trade bloc Caricom aptly demonstrates the ironic effects of agreements purporting to advance trade.

The Wall Street Journal asked a valid question on Tuesday in an article titled: “How Much Debt Is Too Much? It Depends on Your View of Inflation.” Spoiler alert: for those who love liberty and freedom, this doesn’t end well.

As part of the rollout of his coming administration, Joe Biden announced his intention to nominate Janet Yellen as his Treasury secretary. As with all such announcements, people tried to anticipate what that would mean for future policy.