News

US Trade Account Balance and the Imposition of Tariffs

Although politicians, pundits, and the media claim that a trade deficit is harmful to a country, the reality is much different. In a free economy, individuals interact with each other in mutually-beneficial exchanges. As Murray Rothbard noted, free exchanges do not produce winners and losers.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:News

News

How Would Anarchy Work?

We eliminate the main problem that plagued “limited government.”: we are relying on the government ...