Global EconomyProtectionism and Free TradeU.S. Economy
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
Other Schools of ThoughtPhilosophy and MethodologyPolitical Theory
Other Schools of ThoughtPrivate Property
The broken-window fallacy, under a hundred disguises, is the most persistent in the history of economics. It is more rampant now than at any time in the past.
Legal SystemU.S. History
On Indian reservations in America, there is a sickening lack of economic opportunity partly because of a lack of political autonomy and private property.
Bureaucracy and RegulationGlobal Economy
The first thing to remember is that monetary chaos is not primarily “international” at all. It exists basically within each nation.
Labor and Wages
Decentralization and SecessionU.S. History
Even if a section of the US were to today secede for some noble reason (i.e., not slavery), the outcome would still likely be invasion and war.
A tariff is a tax on imports. That tax is paid by every American who buys the now-more-expensive product.