Proper Bookkeeping for Tariffs

From Robert Graboyes’s excellent Bastiat’s Window, Trade Winds 2025-Seriously and Literally: As seen in the accounting equations in the previous post (“Real-World Trade-Deficit Math-Magic,”), you can’t get rid of a trade deficit without also losing foreign...

When Policy Meets Reality

In every election the voters teach the candidates a lesson that they never seem to learn.  Every victory is not a mandate IN FAVOR of the victor; it can also be a mandate AGAINST the losing party.  Maybe the only mandate you really got was not to be the other party....

Expert Failure

From The Wrong Kind of Abundance by Kevin Williamson at The Dispatch. Zweig intelligently catalogues a number of underlying factors that positioned the American expert class to make all the wrong decisions while trying to make the most of the crisis, putting it to the...

A Conservative Revolution

Some historians contend that the American Revolution was not a revolution readily compared to others in history.  It can be distinguished as a War for Independence or as historian H.W Brands called it, Our First Civil War in his book by that title.  Given its close...

Election Words

I confess that while I was not surprised to see Trump win I remain stunned at the degree he won and the gains he made across nearly every demographic group, especially given everything that was thrown at him. How Trump Won: McDonalds Garbage Joe Rogan Butler, PA Class...