Tag Archives: trade

What If All the Cheap Stuff Goes Away?

One of the books I just finished reading is The Fate of Rome: Climate, Disease, and the End of an Empire. The thesis of the book is fascinating to those of us interested in the rise and fall of empires: Rome expanded … Continue reading

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Trump, Trade and Taxes

Donald Trump has made trade agreements a central issue in this presidential election, declaring trade treaties such as the North American Free Trade Agreement (NAFTA) as unfair and subject to cancellation or renegotiation. Setting aside the issue of whether presidents … Continue reading

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The Root of Rising Inequality: Our “Lawnmower” Economy (hint: we’re the lawn)

After decades of denial, the mainstream has finally conceded that rising income and wealth inequality is a problem–not just economically, but politically, for as we all know wealth buys political influence/favors, and as we’ll see below, the federal government enables … Continue reading

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It’s Time to Retire Gross Domestic Product (GDP) as a Measure of Prosperity

What if we used wellness (Gross Domestic Happiness) as a metric for prosperity rather than GDP? Distilling an economy’s success in delivering “prosperity” to a single number has outlived its purpose. Zachary Karabell describes the birth of GDP in far less … Continue reading

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