Tariff Deal Mania
Centralized trade policies are a scam. There is no evidence that bureaucrats in Washington can do a better job of making trade deals than independent buyers and sellers with skin in the game.
Commentary
Big Wins
Free trade is a feature of the win-win economy. It favors no one in particular and everyone in general. Prices go down and quality increases as people are allowed to compete for customers.
Breaking Wind
Lower short-term borrowing rates don’t really make companies stronger or more profitable. They can have the opposite effect, luring corporate executives to take on too much debt.
Still Faking It
The real cause of America’s shrinking manufacturing capacity is not the nation’s past trade policies (favoring free trade). It’s our monetary policies (favoring fake money!)
When the Lights go out in Omaha
Modern economies are extremely complicated and extremely vulnerable to centralized failure. When the Federal Reserve makes the wrong move, it can crash the whole financial system.
Stinkballs…All of Them
Trump…Trump…Trump…we’re as tired of the subject as you are. But no person will have more effect on the economy or the Primary Trend than the man in the White House. Politics is ascendant.
