The global economy was ripe for a recession even before the coronavirus pandemic struck. Many commentators have been warning that stock markets were...
Following America’s disastrous 1930 Smoot-Hawley Tariff Act, the subsequent international trade war, and eventually World War II, the United States went on to...
After nearly 18 months of tit-for-tat tariff increases, the United States and China have reached a “phase one” agreement to start de-escalating their trade...
The private sector performs well when firms can compete on a level playing field. But if the state is willing to influence market outcomes for individual...
Imagine a man who has lived too extravagantly and eventually must go to the doctor for treatment of an acute disease, along with several other chronic...
Decision-making based on evidence rather than superstition was a driving force behind the Industrial Revolution, and the collection of statistics has,...
Not content with its trade war against China, U.S. President Donald Trump’s administration has also opened bilateral trade negotiations with Japan. Yet...
When you try something for 99 years and the situation keeps getting worse, it is time to try something else. The United States Congress passed the Merchant...
U.S. President Donald Trump’s “trade war” with China has been slogging along for more than a year now and could escalate further if current talks do not lead...
The world has witnessed many sharp economic declines over the years, but Venezuela’s is surely one of the worst to date.The country has experienced a loss of...
America’s high-quality universities are among the key sources of its greatness. Every year, top students from all over the world vie for access to graduate...
After World War II, the United States led the world in reducing protectionist barriers and establishing an open, rules-based trade system. That effort...
WASHINGTON, DC: When the United States-Mexico-Canada Agreement (USMCA) was announced, it was met by a sigh of relief around the world. A deal to replace the...
Ten years after the failure of Lehman Brothers, we know that multilateral action was crucial in preventing the so-called Great Recession from becoming even...