Trump seems to want a smaller trade deficit, and increased net capital flows into the U.S. at the same time. But he can’t have both.
Jeff Deist reviews Michael Malice's The New Right in the forthcoming September/October issue of The Austrian.
Money and BanksMoney and Banking
Given the way it's calculated, GDP can be driven up just as much by squandering wealth, as by building it up.
Global EconomyProtectionism and Free Trade
For Ludwig von Mises, international bureaucracies like the WTO devoted to enforcing "free trade" are not progress. They're simply another type of government planning.
Neil Schulman, a noted libertarian science fiction writer, has passed away.
It was Ludwig von Mises who revealed the intimate connections between Austrian economics and authentic liberalism.
Decentralization and SecessionGlobal EconomyProtectionism and Free Trade
For Brussels, giving in on Brexit encourages rebellion from disaffected populations in other member states, but do they really have a choice?