Trump’s Tariffs Are Making Money. That May Make Them Hard to Quit.
The tariffs are a substantial new source of revenue for the federal government and the budget may start to depend on it. Read More Here
The tariffs are a substantial new source of revenue for the federal government and the budget may start to depend on it. Read More Here
No reliable data exist to measure how widespread corruption is, which prevents systematic action against bad actors, including major corporations that routinely pay bribes in exchange for contracts, concessions, and other favorable treatment. Given the urgency of the problem, it is notable that governments, universities, and think tanks have not dedicated more resources to doing […]
“For a war which I pray our son will survive and—if we’re lucky—wars our grandchildren will survive, too. War, my dear, is the destiny of this nation—was, is now, and ever shall be. We will be fighting wars forever—as long as we have the money and the guns!” Read Here – the New Yorker
Sanctions, particularly economic sanctions, have long been a tool of U.S. foreign policy, and few presidents have leaned on them as much as Barack Obama or been as successful at rallying others to do the same. To thwart Iran’s nuclear ambitions, the U.S. has cajoled and bullied much of the world to slash imports of […]
MONEY is perhaps the most basic building-block in economics. It helps states collect taxes to fund public goods. It allows producers to specialise and reap gains from trade. It is clear what it does, but its origins are a mystery. Some argue that money has its roots in the power of the state. Others claim […]