So here’s where things stand with America’s experiment in populist economics and all its top-down, interventionist wonders. Thankfully, there are some green shoots of hope! On the trade front, ...

One beauty of economics — the study of how human beings use scarce resources — is that its basic principles apply to life even if money is not involved. Opportunity cost, externalities, sunk costs, ...

Starting his first day in office, Donald Trump initiated a blizzard of tariff announcements. New tariffs would hit imports from Columbia, Canada, Mexico and China. Americans would pay a 10% tax on ...

President Trump’s economic advisors cited a 2021 research paper on tariffs and U.S. trade policy in their methodology for their tariff formula, but University of Chicago economics professor Brent ...