Refugees Won’t Fix Germany’s Demographic Problems Germany’s population is declining, and this will likely pose economic problems, particularly when it comes to maintaining the nation’s lavish welfare state. What should be done? According to Chancellor . . .
The US Withdrew From TPP—Not TISA US President Donald Trump withdrew his country from the Trans-Pacific Partnership (TPP) on his first full day in office, fulfilling one of his longstanding campaign promises. However, TPP isn’t . . .
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, . . .
Neither Free Trade Nor Immigration, Nor Lower Taxes Causes Economic Growth You hear it again and again from the media: “free trade causes economic growth”, or “we need more immigrants to sustain the economy”. That’s . . .
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 . . .
The Argument Against Economic Globalization & Globalism The Cato Institute boldly claims that free trade benefits all. Wrong. There are very few absolutes in life—and none in the realm of economics. There are exceptions and limitations . . .