Tag: Free Market
The USMCA and Trump’s Quest for ‘America First’ World Trade
The era of post-1945 multilateralism is fading. After the revised NAFTA, Trump’s dream is U.S.-dominated world trade and the ‘America First’ Asian Century.
How China Can Respond to Trump’s Tariff War
In the trade war against China, the White House’s “America First” advocates are relying on trade instruments that contained Japan’s rise in the 1980s. But China is not Japan. It has ten ways to hit back.
Do Financial Markets Still Exist?
As central banks have learned that they can rig financial asset prices to the delight of everyone in the market, in what sense does capitalism, free markets, and price discovery exist?
Denying Fed’s Role in Housing Bubble, Paul Krugman Exposes His Intellectual Dishonesty
In his latest column, Krugman asks, “Why have we been having so many bubbles?” His answer is instructive.
