China’s economy is now the largest on earth. Its industrial output is triple that of the United States. Its population, quadruple. To make matters worse, Chinese computing power is on par with ours and their . . .
A New Atlantis: The Economic Rise of Medieval Venice Today, Venice is an expensive holiday destination for young, often love-stricken travelers. It is a place of romance, of beauty, of relaxation. But it was not . . .
‘Tariff’ Should Have Been George Carlin’s Eighth Dirty Word This August President Trump empowered the U.S. Trade Representative, Robert Lighthizer, to investigate China’s theft of American intellectual property (IP), which costs America up to $500 . . .
Economic Globalization Inevitably Leads to Political Globalism I’ve had my fair share of debates with so-called conservatives who, on the one hand, vociferously (and rightly) denounce political globalization, while at the same time they sing songs of . . .
Socialism As Political Iatrogenics Socialism is predicated on action. When socialists see problems, they want to do something about them. They want to take action. Starving children? Give them food. Poor people? Give them money. Climate . . .
What is Mercantilism, And How Does It Work? Everything you “know” about mercantilism is wrong. Dead wrong. But don’t worry, you’re not alone. No one seems to know what “mercantilism” means—even people who pretend to, . . .
How Did China Get Rich? Most people don’t get China. It’s far away. They speak a different language. Their culture, philosophy, religion—everything is super different. Because of this, or perhaps because of China’s historical isolation, . . .
Why Study Economic History? Modern (theoretical) economics has failed us. It’s led America down the road to economic collapse, while at the same time empowered and emboldened our rivals. By abandoning empiricism (the use of . . .