Why You Should Care About The US Trade Deficit President Donald Trump claims the negative US balance of trade—otherwise known as America’s trade deficit—is causing unemployment, and killing America’s economy. This is nothing new: ending . . .
Fewer Americans Are Self-Employed Today Than In 1990 In 1990 8.7 million Americans were self-employed. Today, only 8.4 million Americans are self-employed. This happened despite the fact that the US population has grown from 249 . . .
Outsourcing vs Offshoring: What’s the Difference? “Outsourcing” and “offshoring” used to be some of the trendiest buzzwords in business: if you weren’t offshoring to India or China, you were regarded by America’s business elites as . . .
Updated May 16, 2017 Today US Senator Charles Grassley said that he believes Trump is leaning towards a trilateral renegotiation of the North American Free Trade Agreement, between the US, Canada, and Mexico. This would . . .
What Is Economic Nationalism? Everyone’s talking about economic nationalism, but no one seems to know what it is. This article clears that up. I’ll tell you what economic nationalism is, give you some historical examples . . .
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 . . .
December 13, 2016 IBM’s Chief Executive Officer Ginni Rometty stated today that the technology giant plans to invest $1 billion in America over the next 4 years, and will create 25,000 jobs in the process. . . .
The Truth About American Foreign Direct Investment In China In a few decades, China’s risen from a land of rice paddies and rickshaws to one of skyscrapers and steel. How? Yes, China’s smart and industrious, . . .