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As each day follows “Liberation Day,” the Trump administration’s justifications for tariffs continue to fall. All that remains are economic fallacies and the continuing concentration of power in the executive.
All libertarians agree: federal budget deficits must come to an end. But what comes after a balanced budget? How should libertarians handle the national debt?
As warning signs of recession grow, the political class will increasingly point to misleading statistics as proof of their competency. The most popular economic aggregate, Gross Domestic Product (GDP), is worth nuancing.
In the aftermath of “Liberation Day,” it’s clear America is suffering from a resurgence of protectionism. As policymakers like Peter Navarro increasingly have the public’s ear, it’s necessary to dispel their fallacious reasoning.
With Europe reeling from Trump’s trade war and discussions already underway for expanding European debt, the continent is seeking to reduce its dependence on the United States. The next step in the EU’s expansion of power? A digital euro.
President Trump’s recent tariff overhaul is connected in part to his desire for the Fed to start cutting interest rates. As Trump and DOGE reign in the independence of certain executive agencies, some are questioning how far they’ll go to implement their preferred monetary policy.
The Austrian School of Economics demonstrates how money can emerge organically from trade and does not require a government to create or manage it. The reality is that, once governments grow large enough, they seek out control of money to further fund and finance their nefarious ends.
As this country approaches recession territory, interventionist myths about past recessions will only gain traction among the media and political class. One particularly egregious example– President Hoover’s role in the Great Depression– needs to be corrected.
As the stock market slumps and the economy shows signs of recession, the Trump administration is preparing for an economic detox. But just how did the economy get here? What drives the business cycle?
Austrian economists agree that the Fed drives both inflation and the business cycle and is accordingly responsible for the Great Recession and our current economy. Given the Fed’s current policy path and America’s political climate, what’s the best way to end the Fed?
Both the Russia-Ukraine conflict and recent trade policy disputes have permanently embedded organizations like NATO and the World Trade Organization in the news cycle. While many of these organizations, like the WTO and EU, ostensibly liberalize economic policy, the reality is that they usually serve the state’s interest at the expense of individual liberty.
