President Trump’s tariff blitz has shocked and alienated almost all students of economic science, but he seems to have a loyal following of support among the electorate. Students of economic science have a rich history [more…]
Trade Surpluses and Deficits Any country’s trade balance is the difference between the totals of its exports and imports respectively, as measured in its own currency. To the extent that its exports exceed its imports, [more…]
The ideology of “nationalism” is characterised by the unstinting promotion of a particular nation’s interests, possibly regardless of detriment caused to the interests of other nations. Nationalism may therefore be considered a form of patriotism, [more…]
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