Macroeconomic Policy

The Bearer of Bad Tariffs

The Bearer of Bad Tariffs

On January 22, 2018 President Trump imposed a set of tariffs on imported washing machines and solar panels. President Trump levied the tariff in the hopes of protecting foreign-owned America-based companies like Suniva and SolarWorld, both of which are in some financial trouble. The tariff […]

There’s No Neutrality When Price Discriminating

There’s No Neutrality When Price Discriminating

This past December, the Federal Communications Commission (FCC) voted to remove the net neutrality regulations that prevented internet service providers (ISPs) from blocking consumer access to certain sites or charging different rates based on data usage. Like most media stories, the controversy behind the repeal […]

Protectionism vs. Autarky: Why separating the two terms is necessary to distinguish fact from fiction

Protectionism vs. Autarky: Why separating the two terms is necessary to distinguish fact from fiction

In recent years, the terms ‘protectionist’ and ‘autarkic’ have morphed into the buzzwords of choice for journalists when describing someone or something that is not explicitly pro-free trade. By and large, they are used as linguistic ammunition for opinion writers when attacking either something they […]

What Trump’s Tax Plan Means for You

What Trump’s Tax Plan Means for You

“God put the Republican Party on earth to cut taxes. If they don’t do that, they have no useful function.” – Robert Novak Mick Mulvaney, Director of the Office of Management and Budget, announced the future economic plan for the Trump administration. Coined “MAGAnomics,” the […]

Has China’s Changing Economy Affected Their Culture?

Has China’s Changing Economy Affected Their Culture?

China is changing; there is no doubt about it. You see it on Facebook, television, and hear it on the radio – we are all aware of this. An increasing number of millionaires, a growing middle class, and more skyscrapers than the United States. This […]

The Tax on Carbon: a Good or Bad Idea?

The Tax on Carbon: a Good or Bad Idea?

Let’s say you put a tax on carbon emissions to try and help reduce greenhouse gas emissions in the US and save the planet. But how hurtful would a tax like this be on the U.S. economy?

The Big, Bad, Bloated Fed Balance Sheet

The Big, Bad, Bloated Fed Balance Sheet

Money doesn’t grow on trees, but I guess no one told Janet that.