A Tax on Imports Might as Well Be a Tax on Exports
The Constitutional ban on export duties has always been a hollow victory. Export tariffs are analytically equivalent to import tariffs.
The Constitutional ban on export duties has always been a hollow victory. Export tariffs are analytically equivalent to import tariffs.
The Social Security and Medicare trust funds will both soon be bankrupt, putting additional strains on the federal budget and American taxpayers.
Ronaldo and Messi have heroically taken elaborate steps to keep money they’ve earned away from the government of Spain.
The US military has long acted as a jobs program, for both citizens and non-citizens alike. It's time to cut it all back.
The two most powerful motivations in human history have always been ideology and economic interest.
Trump's new tariffs just happen to protect certain industries that are big political donors.
Social Security was a revolution that shifted the responsibility for income maintenance from the private to the public sector.
War follows protection. Peace follows free trade. As David Ricardo said, “If you want peace, starve the government.”