We should stop using terms such as “trade surplus” or “trade deficit.” Trade is always a surplus and the only deficit comes from government interventions.
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World News
A network of drug trafficking, violence, and cover-up at one of the largest U.S. military bases
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Gabriela Calderon de Burgos and Marcos Falcone On October 9, US Treasury Secretary Scott Bessent announced that the US has bought Argentine pesos and finalized a $20 billion currency swap framework…
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Jamaica’s constitutional reform will achieve nothing if it continues to indulge the politics of resentment rather than building the framework for liberty.
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Travis Fisher I joined Congressman Dan Crenshaw on his Hold These Truths podcast to talk about climate policy, energy reality, and the Department of Energy climate report I helped coordinate…
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Michael F. Cannon I’ve got a piece up this morning at NRO explaining the only defensible deal Republicans could strike on extending Obamacare subsidies for the wealthy is one that…
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Dominik Lett Emergency designations were originally intended as a narrow exemption to spending limits to provide for true, unforeseen crises. Over time, Congress has increasingly come to treat emergency designations…
Editor's PickInvesting
AI Policy Already Exists, We Just Don’t Call It That: Generally Applicable Law and New Technology
Jennifer Huddleston and Christopher Gardner Recent debates around a potential moratorium on state-level artificial intelligence (AI) laws have raised questions about what might happen without federal action on AI. Opponents…
James A. Dorn Joel Mokyr, the Robert H. Strotz Professor of Arts and Sciences and professor of economics and history at Northwestern University, was awarded the Nobel Prize in Economic…
Like Trump, Waller favors more monetary inflation and is “a dove in favor of running the economy hot.”