The international financial markets are the closest thing we have to a global consensus view on economics. And the wisdom of this crowd is usually greater than that of your average politician. More often than not, the crowd wins. In …
Why Starmer shouldn’t trust Trump
“Everything has changed,” Keir Starmer warned us only a few weeks ago, noting how Donald Trump’s re-election is reordering the globe. And yet somehow, even after “Liberation Day”, everything in Britain has stayed the same. Austerity is back, just with …
Trump’s ‘Liberation Day’ will fail
President Trump has dubbed 2 April, when his new tariffs go into effect, “Liberation Day”. While many investors, financial analysts, and consumers are in panic mode, Trump’s pitch to the industrial working class remains blunt: over the last half century, …
Can ‘abundance liberalism’ save the Dems?
The lessons of the Democratic Party’s painful defeat in November turn on whom you ask. Moderates blame the excesses of wokeness. The party’s Left wing faults a tepid centrism that failed to inspire the base. But while most are happy …
Trump’s tariffs won’t hurt China
While President Trump seesaws between punishing or not punishing Canada and Mexico with tariffs, he has shown no such hesitation when it comes to China. Upon returning to the Oval Office, he doubled the 10% tariff on Chinese exports to …
Is this the end of American hegemony?
Valéry Giscard d’Estaing, the former French president, coined the expression of “exorbitant privilege” back in the Sixties. Then France’s finance minister, he was referring to the power of the US dollar as the world’s reserve currency, something which grants the …
Interview 1920 – James Bashes His Head Against the Wall
James discusses how teaching statists the truth about the political system is a bit like bashing your head against a brick wall…
Source: The Corbett Report Read the original article here: https://corbettreport.com …
Here comes the anti-woke economy
PublicSquare, America’s finest anti-woke online marketplace, is spreading the Christmas cheer. It’s been hocking “Right to Bare Arms Christmas Ornaments” and, in the spirit of good will towards men, a kid-sized, ride-on Toyota Land Cruiser in combat colours — as …
American industry must rise again
Austerity is rarely popular during election season, and already this campaign has featured a variety of budget-straining proposals. Donald Trump has called for exempting tips from taxation, which Kamala Harris subsequently endorsed. J.D. Vance has suggested increasing the child tax …
The Left has forgotten its philosophy
A mere glance at the headlines underscores what most working people under 40 intuit. Unfathomable wealth inequality, flat or barely improving wages, falling life expectancy, and a massive housing shortage are overturning the hard-won gains of the 20th century. And …
Rachel Reeves has no vision
In the Seventies, a Middle Eastern war precipitated a global energy shock and stagflation, and a US president invoked populist pleas to the silent majority against the counterculture. As the gold standard and the post-war Bretton Woods system teetered on …
After Chicago, Kamala Harris is now exposed
Kamala Harris’s acceptance speech was so well-written and so well-delivered that it could have won her the Presidency all by itself — if the election were held today. But there are still more than 70 days left until voting closes, …
Starmer needs the strength of Thatcher
We are witnessing a breakdown of order with few obvious parallels in recent British history. There have been moments of resemblance, of course: the London riots of 2011 or the “skinhead terror” of the early Seventies. The clashes between Oswald …
Why we still believe in gold
Gold, which John Maynard Keynes called the “barbarous relic”, has become so eagerly sought that even Costco has got in on the business. Perhaps this newfound fascination shouldn’t surprise us. For those looking to build nest-eggs, gold is easier to …
How Elon Musk lost his vibes
Elon Musk’s electronic music phase may have been a bit of a joke, but it captures the spirit of capital. His 2020 single, “Don’t Doubt ur Vibe (because it’s true)”, is a mantra for self-reliance in the hungry market, for …
