Economic History
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Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.
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Are Americans Worse Off Since NAFTA? The Data Say No
We Americans have gotten richer as we’ve run trade deficits and since NAFTA took effect as well as since China joined the WTO.
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America’s Trade ‘Deficit’ Is a Ringing Endorsement
Foreign holdings of US dollars would better be called an “investment surplus.” Our top exports aren’t goods — they’re stability and opportunity.
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Reagan Knew the Art of the Trade Deal Better
Rather than risk starting a trade war by imposing “reciprocal tariffs,” Reagan encouraged domestic manufacturing by making it easier for other countries to import our manufactured goods.
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The Strategic Crypto Reserve Threatens to Repeat Historical Mistakes
Treasury purchases of silver distorted markets, failed to achieve their inflationary goals, and contributed to economic instability — culminating in the Panic of 1893.
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$3000/Ounce: Why The Oldest Money Just Hit Its Newest High
Gold has outlasted every issued currency from the pharaohs to the Fed. Amid inflation and policy uncertainty, investors are fleeing to history’s safest haven.
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Century-Old Anchor: The Cost of Keeping Up with the Jones Act
Requiring US-made, US-crewed ships for everything shipped between US ports makes life more expensive for every American.
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DAFT Decisions: Why Deficits Are Future Taxes
The US debt has doubled in a generation, and the Tea Party’s warnings went unheeded. We’re locked into a deficit spiral with no political will to change it.
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Why China May Surpass the United States in the AI Supremacy Race
This isn’t a battle between China and the US — it’s a contest between abundance and scarcity, between entrepreneurial capitalism and bureaucratic centralization.
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Does Educational Philanthropy Harm Liberal Society? It’s Complicated
Private funding of education can be a powerful force for change, but philanthropists’ motives — and their methods — do matter.
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•
Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.
-
•
Are Americans Worse Off Since NAFTA? The Data Say No
We Americans have gotten richer as we’ve run trade deficits and since NAFTA took effect as well as since China joined the WTO.
-
•
America’s Trade ‘Deficit’ Is a Ringing Endorsement
Foreign holdings of US dollars would better be called an “investment surplus.” Our top exports aren’t goods — they’re stability and opportunity.
-
•
Reagan Knew the Art of the Trade Deal Better
Rather than risk starting a trade war by imposing “reciprocal tariffs,” Reagan encouraged domestic manufacturing by making it easier for other countries to import our manufactured goods.
-
•
The Strategic Crypto Reserve Threatens to Repeat Historical Mistakes
Treasury purchases of silver distorted markets, failed to achieve their inflationary goals, and contributed to economic instability — culminating in the Panic of 1893.
-
•
$3000/Ounce: Why The Oldest Money Just Hit Its Newest High
Gold has outlasted every issued currency from the pharaohs to the Fed. Amid inflation and policy uncertainty, investors are fleeing to history’s safest haven.
-
•
Century-Old Anchor: The Cost of Keeping Up with the Jones Act
Requiring US-made, US-crewed ships for everything shipped between US ports makes life more expensive for every American.
-
•
DAFT Decisions: Why Deficits Are Future Taxes
The US debt has doubled in a generation, and the Tea Party’s warnings went unheeded. We’re locked into a deficit spiral with no political will to change it.
-
•
Why China May Surpass the United States in the AI Supremacy Race
This isn’t a battle between China and the US — it’s a contest between abundance and scarcity, between entrepreneurial capitalism and bureaucratic centralization.
-
•
Does Educational Philanthropy Harm Liberal Society? It’s Complicated
Private funding of education can be a powerful force for change, but philanthropists’ motives — and their methods — do matter.