Today’s top story:

No nation can harm another economically

My recent Mises Daily Article titled Two Common Objections to Unilateral Free Trade drew some criticism that I would like to answer. Unilateral free trade rewards the country that adopts it Several commented that my use of the term “unilateral” negated my argument. They resurrected the argument that free trade is beneficial to both parties […]

Brexit – what does it really mean?

Opinion polls in the UK underestimated support for “Brexit” – Britain’s exit from the European Union. Blue collar workers in particular ignored pleadings of the Labour Party, which was almost united in arguing that Britain should remain in the EU, and either voted to leave or stayed at home. This may have implications for polling […]

Delivering “Real” Free Trade?

No two political words in the English language are more misused and abused by the global political class than ‘Free Trade’.  Real free trade – as opposed to what so many claim to be ‘free trade’ – involves absolutely minimal restriction and unfettered market access. One only has to glance at the many, many pages […]

Business at the Tiller

There is a long tradition in the United States of appointing people who have no political experience to the cabinet directly from business. This is particularly true of economic portfolios such as Commerce or Treasury but applies in other positions too. The Secretary of State has long been different. All recent Secretaries of State have had at […]

2016: the greatest year ever

Let us begin with poverty. At the time, 2015 was an astonishing year. The global target had been to cut extreme poverty in half from the 1990 level, which was 37%. The actual level fell below 10% for the first time in history: little more than a quarter of the 1990 level. This was a […]

No nation can harm another economically

My recent Mises Daily Article titled Two Common Objections to Unilateral Free Trade drew some criticism that I would like to answer. Unilateral free trade rewards the country that adopts it Several commented that my use of the term “unilateral” negated my argument. They resurrected the argument that free trade is beneficial to both parties […]

More recent articles:

Delivering “Real” Free Trade?

No two political words in the English language are more misused and abused by the global political class than ‘Free Trade’.  Real free trade – as opposed to what so many claim to be ‘free trade’ – involves absolutely minimal restriction and unfettered market access. One only has to glance at the many, many pages […]

Business at the Tiller

There is a long tradition in the United States of appointing people who have no political experience to the cabinet directly from business. This is particularly true of economic portfolios such as Commerce or Treasury but applies in other positions too. The Secretary of State has long been different. All recent Secretaries of State have had at […]

Concerning trends in Turkey

Donald Trump’s inauguration seems like a good reason to focus our attention elsewhere and your columnist has selected Turkey: that’s the country, not the Thanksgiving meal. After 11 years as Prime Minister and two as President, Recep Tayyip Erdoğan is proposing amendments to the constitution. He wants the position of Prime Minister abolished and its […]