-1.4% GDP Just Reminds Us of the Abject Stupidity of GDP

“Macroeconomics is a tautology and a myth, a dangerous one at that, sustaining the illusion that prosperity is necessarily linked with territory, national units, and government spending in general.” –...

Sorry, China. Most Americans Support Higher Prices On Your Imports.

China is the source of most goods sold in shopping malls across America. It is the country’s biggest … [+] trade deficit, mostly thanks to the decisions of American corporations and Congre...

U.S. Trade Merchandise Deficit Topped $1 Trillion For First Time In 2021

The sunset illuminates the scene of dozens of container ships siting off the coast of the ports of … [+] Los Angeles and Long Beach, waiting to be unloaded last fall. Los Angeles Times via Getty...