Everyone and their dog has heard of Adam Smith, John Maynard Keynes, and Milton Friedman. Not only are they some of history’s most influential economic thinkers, they are intellectual celebrities. Books like the Wealth of Nations are . . .
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. . . .
As reported by Fox: $1 million worth of marijuana was recently found stashed inside a batch of Ford Fusions manufactured in Hermosillo, Mexico. The drugs were smuggled into the US in half-moon shaped bundles hidden . . .
Household Appliances Were Cheaper 40 Years Ago—The Truth About Economic Globalization & “Cheap Goods” What do flat-earthers and economists have in common? They both mistake their models for reality. They confuse what ought to be with what . . .
Apple CEO Tim Cook Announces Apple Will Invest In American Manufacturing Last night on CNBC’s Mad Money, Apple’s CEO Tim Cook revealed that Apple will invest $1 billion in advanced manufacturing facilities in America. With . . .
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 . . .
America’s Middle Class Is Shrinking: Here’s How Despite what gossips like Ben Shapiro may say, America’s middle class is shrinking. It’s not a myth. There’s no way around it. You want proof? I won’t give . . .
The market needs competition to work. Everyone knows that—especially President Elect Donald Trump. What he’s done in the last 2 months has been nothing short of genius. Trump’s created a political and economic climate that . . .
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. . . .