How Probable Is a Trade War With China?
President Donald Trump and First Lady Melania Trump pose for a photo with Chinese President Xi Jingping and his wife, Mrs. Peng Liyuan, Thursday, April 6, 2017, at the entrance … Read More
Search Results for: Adam Smith's Invisible Hand
Why Socialism Does Not Work
Typical grocery store queue in Vilnius, Lithuania, USSR in 1990. Note the bare shelves. Photo Credit: Reddit/HistoryPorn Yesterday I published a post in which I viewed with alarm the rise … Read More
The Federal Reserve and Monetarism
Once the basic institutional facts about the Federal Reserve System have been presented, any discussion of the Fed should begin with a discussion of monetarism. After all, the Fed’s primary … Read More