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  • [ May 11, 2020 ] Covid-19 Proves that Economists Know Nothing Analysis
  • [ April 28, 2020 ] Covid Quarantine Will Destroy the Economy, Not Save Lives Analysis
  • [ April 16, 2019 ] Remittances: Illegal Immigration’s $30 Billion HIDDEN TAX Video
  • [ April 11, 2019 ] China STEALS $600 Billion in American Intellectual Property Every Year Video
  • [ April 7, 2019 ] America Made China Great Again—They Won’t Return the Favor Video
HomeEconomics Explained

Economics Explained

Analysis

‘The Economist’ Says Open Borders Could Make World $78 Trillion Richer: Here’s Why That’s Wrong

August 18, 2017 Spencer P Morrison 12

Why I Cancelled My Subscription to The Economist: the Case Against Open Borders As a teenager I was enamored by The Economist—the logic of classical (liberal) economics was elegant, almost beautiful in its simplicity. I was . . .

News

95% Of Congressmen Supporting A Federal Minimum Wage Don’t Even Pay Their Interns

August 14, 2017 Scott Brown 0

19 in 20 Members Of Congress that Support a Federal $15 Minimum Wage Don’t Even Pay their Interns There’s nothing I hate more than a hypocrite.  Sadly, in the business of politics, hypocrisy is ubiquitous. . . .

News

Shortage Of Illegal Labor Caused Construction Worker Wages To Rise Up To 30%

August 6, 2017 Editorial Staff 11

Trump’s Crackdown on Illegal Aliens is Driving Wage-Growth in US Construction Industry by up to 30% There is a strong correlation between immigration—particularly illegal immigration—and wages.  This should be obvious to anyone familiar with the . . .

is immigration good for the economy? sometimes, it's more complicated than economists suggest.
Analysis

3 Reasons Why Mass Immigration Is Bad For The Economy

August 4, 2017 Spencer P Morrison 2

Is Immigration Good for the Economy?  No, Not Always Liberal economists argue (incessantly) that immigration is necessary for the economy to grow.  In fact, they imply that without immigration America would crumple into a Third . . .

does immigration grow the economy?
Analysis

The RAISE Act Will Help, Not Hurt, America’s Economy

August 2, 2017 Spencer P Morrison 1

Will the RAISE Act Hurt America’s Economy? No. Today, President Donald J Trump endorsed the RAISE Act, a controversial bill sponsored by senators Tom Cotton & David Perdue: The RAISE Act would not only stop . . .

black swan
Analysis

Exogeneity & Economic Growth: Why America Needs Tariffs

July 21, 2017 Spencer P Morrison 0

The Case for Tariffs President Trump promised to put America first when it comes to foreign trade. Most conservatives think this is a good thing: why should we let Japan manipulate its currency with impunity? . . .

Analysis

3 Reasons Why The Trade Deficit Is Bad For The Economy

July 20, 2017 Spencer P Morrison 0

3 Ways Trade Deficits Hurt the US Economy Many of America’s most successful business leaders and investors, from Carl Icahn to Warren Buffet, and of course President Trump, think that the trade deficit is hurting America’s economy. . . .

Analysis

Economic Seismology: Forecasting The Next Economic Collapse

July 19, 2017 Spencer P Morrison 1

Why America’s Trade Deficit Will be at the Heart of the Next Economic Collapse Ask ten physicists where an asteroid will be in one year and you’ll get one (right) answer.  Ask ten economists where . . .

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Latest

homo economicus and the myth of the rational consumer

Covid-19 Proves that Economists Know Nothing

May 11, 2020 0
course of empire

Covid Quarantine Will Destroy the Economy, Not Save Lives

April 28, 2020 0

Remittances: Illegal Immigration’s $30 Billion HIDDEN TAX

April 16, 2019 0

China STEALS $600 Billion in American Intellectual Property Every Year

April 11, 2019 0

America Made China Great Again—They Won’t Return the Favor

April 7, 2019 0

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