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America Aping Britain’s Decline Through Free Trade

One of the most inexcusable things about America’s ongoing economic decline by means of free trade is how clear the historical portents are. For example, we are today treading the…

Currency Reform Bill Is Only a Small First Step

Currency Reform Bill Is Only a Small First Step

It’s nice to see the long-stewing Chinese currency manipulation pot bubbling a bit again, thanks to China’s latest blatantly disingenuous move to allow a token fluctuation or two of the…

How do Other Nations Balance Their Trade? Try Germany

How do Other Nations Balance Their Trade? Try Germany

As America continues to contemplate its trade mess, the question naturally arises how other developed nations manage to trade with the world without deficits and without turning high-wage industries into…

Economics: How to Cure a Sick Discipline

America’s financial mess and our festering trade crisis were both caused by bad policies that mainstream economics told us were OK. This has made the public cynical about economists, but…

Ian Fletcher: Are Fixed Exchange Rates Coming Back?

Ian Fletcher: Are Fixed Exchange Rates Coming Back?

The International Monetary Fund or IMF, long a citadel of free-market thinking, conceded in a little-noticed official report in February that controls on the international movement of capital may be…