Disagreements among economists are legendary, but they are largely of one mind on the issue of free trade. Evidence of this is a recent survey of the current and past presidents of the American Economic Association—the voice of mainstream economics.
One of the most surprising developments in the wake of February’s Florida school shooting is the willingness by many generally police-friendly commentators to denounce the lack of action by local police against the shooter.
On Thursday March 1, the Trump administration announced plans to impose 25% tariffs on imports of steel and 10% tariffs on imports of aluminum.
The US President is of the view that without the required protection, the US steel and aluminium industries are likely to follow the deteriorating path and this in turn will undermine the US labor market.
The steps announced by the US President raises the likelihood of a global trade war. President Trump seems to believe that war is great and that the US will emerge triumphant.
President Donald Trump has announced the planned imposition of a new, 25 percent tariff on imported steel and a 10 percent tariff on foreign made aluminum entering the United States. This has brought about threats of trade retaliation by a number of America’s trading partners. The menacing clouds of a possible trade war are showing themselves on the global horizon.
Have you ever wondered what you ought to do with the money you make? If so, you aren’t alone.
Recent college graduates, many of whom have had little to no experience in managing an income, find themselves in the awkward position of having to do something with it; that is if we suppose they actually find employment in the first place.
The Trump administration has announced it plans to raise taxes on Americans in the form of tariffs. On Thursday, the president promised steel and aluminum executives that he would protect them against foreign competition by levying tariffs on both metals in the coming weeks: 25 percent on steel and 10 percent on aluminum.
Listen to Ryan McMaken’s commentary on the Radio Rothbard podcast.
Today would have been Murray Rothbard’s 92nd birthday. He was an unforgettable friend, whose immense knowledge of many different fields was unsurpassed in my experience. In a lecture on the Austrian Theory of the Business Cycle, he mentioned the common objection that the expansion of bank credit might have no effect, if investors anticipated trouble. After the lecture, I asked whether Mises had answered this point.
Some commentators might even have felt some sympathy for Fed Chief Powell in his first testimony before Congress. He is so obviously navigating a treacherous monetary path ahead without any reliable compass. That is no different from the reality of his predecessor’s position, but at least in Mr. Powell’s case, there is not the academic triumphalism; rather the big danger evident is institutional complacency.
