By Stefan Gleason and Jp Cortez Donald Trump will be sworn in as the 45th president of the United States in January. Americans will then find out then if “Make America Great Again” is more than a campaign slogan. It isn’t going to be easy. On day one, he will inherit a $20 trillion federal […]
Archives for November 2016
We should stop buying Made in China goods? ‘Dead Wrong’ says Johan Norberg
For years, even before Donald Trump became a four-year occupant of the White House, many people, both on the left and right, complained about how most of the products we buy are made in China. They argued, at least before Trump made it a campaign issue, that something needs to be done about this because […]
Are liberal arts degrees worthless? Peter Schiff thinks so
Liberal arts graduates are constantly teased because they spent $50,000 on a women’s arts degree or a sociology degree instead of something tangible, instead of a real marketable skill. In today’s global economy, the supply and demand of the labor market suggests that the world needs more software developers and computer engineers – or even […]
Why Donald’s Trump Carrier victory was really a loss for free market forces
The recent news that Carrier Corp., an air conditioning company, will keep approximately 1,000 jobs in Indiana is being touted as further proof that President-Elect Donald Trump and Vice-President-Elect Mike Pence are already making America great again. Trump supporters say that this is further proof that the incoming president will put together better trade deals, […]
Why It’s Important to Define Money Correctly
By: Frank Shostak Most economists hold that, since the early 1980s, correlations between various definitions of money and national income have broken down. The reason for this breakdown, it is held, is that financial deregulation has made the demand for money unstable. As a result it is held the usefulness of money as a predictor […]