Exploding the “National Security” Case Against Free Trade

Protectionism might be the oldest economic fallacy that will never die. We have been refuting it for hundreds of years and will still be refuting it for hundreds more.  But protectionist arguments take many forms, going in and out of style. “We understand that tariffs make products more expensive for the consumer”, they tell us, … Continue reading Exploding the “National Security” Case Against Free Trade

A Former Central Banker vs. Actual Economic History

It’s no secret that the Wall Street Journal is filled with Federal Reserve lackeys, always craving to lick the boots of the sacred central planning agency. Especially important is the reoccurring theme of “Fed independence” where the Federal Reserve has unique permission from God to control much of the economy and maintain a banking cartel … Continue reading A Former Central Banker vs. Actual Economic History