If there is one consistent theme in President Trump’s economic philosophy, it is that trade deficits are bad for the country and must be eliminated. This is the principal motivation for his recent ...
Basic economic principles suggest that higher tariffs should push up the price of imported goods, typically leading to a ...
Some even consider them quaint, outdated, or simple-minded. Basic economic principles, however, are neither simplistic nor simple minded. They are, rather, quite sophisticated in their simplicity, ...
Boy, people are easily triggered these days! Who would have thought that a columnist writing about basic principles of ECON 101 would cause such a triggered reaction to basic economic logic that an ...
Spend enough time investing in (or reading about) the cryptocurrency world, and it’s easy to become a bit jaded about the wild, unpredictable price swings that seem to come with the territory. But it ...
Walter E. Williams died on Tuesday night after teaching his cherished class in price theory to first-year graduate students. Walter was an old school economic thinker, and he pursued the logic of ...
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