Bernie Sanders’ Staffers Don’t Know the Dark Side of Soviet History

One of Bernie Sanders’ organizers, Kyle Jurek, wants you to believe that Soviet gulags were not so bad. If Sanders gets elected, Jurek assures us reeducation gulags are coming to America for Trump voters and others opposed to Sanders’ socialist agenda. Jurek is no better than a Holocaust denier. Around 3 million people died in … Continue reading Bernie Sanders’ Staffers Don’t Know the Dark Side of Soviet History

China’s ‘Economic’ Losses Aren’t Because of US Trade Success

China’s economic growth has been slowing down, but it was slowing down before President Donald Trump entered the White House, and it will continue to slow down, regardless of whether the U.S.-China trade dispute continues or not. Supporters of the administration’s trade policy often cite the decline in China’s largest stock market, the Shanghai Stock … Continue reading China’s ‘Economic’ Losses Aren’t Because of US Trade Success

Inflation to Hit 1 Million Percent in Collapsing, Socialist Venezuela

Venezuela’s inflation may hit 1 million percent by the end of the year, the International Monetary Fund announced in July. This incredible hyperinflation is reminiscent of Weimar Germany during the years immediately after World War I, in which wheelbarrows full of cash were required to buy bare essential items, like a loaf of bread. To counter the … Continue reading Inflation to Hit 1 Million Percent in Collapsing, Socialist Venezuela

US Arms Sales to Taiwan Are Right Thing to Do.

The United States on Sept. 24 announced a new set of arms sales to Taiwan. Valued at $330 million, this sale comprises mainly spare parts and equipment to support Taiwan’s air force, including its F-16s and C-130s. This marks the second major arms sale to Taiwan by the Trump administration, following a $1.4 billion sale in … Continue reading US Arms Sales to Taiwan Are Right Thing to Do.

5 reasons why Venezuela’s nightmare could get worse

  “It’s time for a coup in Venezuela.” That statement appeared in Foreign Policy magazine on June 5, two weeks after Nicolás Maduro was re-elected as Venezuela’s president on May 20 in an election widely considered to be rigged. José R. Cárdenas, the former Bush administration official who wrote it, argued that “the United States … Continue reading 5 reasons why Venezuela’s nightmare could get worse

Amid Push for Knife Control, UK Shows Gun Control Doesn’t Increase Safety

It was widely reported earlier this month that London experienced a higher number of murders over the first three months of 2018 than did New York City—the first time in modern history that has occurred. The United Kingdom has some of the most restrictive gun control laws in the world, so the increased murder rate … Continue reading Amid Push for Knife Control, UK Shows Gun Control Doesn’t Increase Safety

There’s No Such Thing as a Trade Deficit

Concerned with how trade is commonly discussed, Greg Mankiw recently issued a plea to journalists to halt the use of subjective terms to describe trade flows. Rather than words such as “deteriorated” or “improved,” the Harvard economics professor (and noted textbook author) proposes that writers employ more objective language such as “the trade balance moved towards surplus.” Mankiw’s … Continue reading There’s No Such Thing as a Trade Deficit

Don’t Be Fooled by North Korea’s Dismantling of Rocket Test Site

Satellite imagery indicates North Korea has begun to dismantle its Sohae rocket engine test facility and space vehicle launch stand. The dismantlement is a welcome, though limited, development, because Pyongyang indicated the site was no longer necessary after having successfully completed its missile and nuclear programs. In April, North Korean leader Kim Jong Un declared that “we … Continue reading Don’t Be Fooled by North Korea’s Dismantling of Rocket Test Site

4 charts show why Trump’s tariffs will hurt everyone – not just China

On March 22, the Trump administration lobbed its second volley in a planned escalation of punitive trade measures against America’s trading partners. The latest salvo targets China, the largest U.S. trading partner, and covers a much wider range of products than the first set of tariffs, which focused on steel and aluminum. There are many … Continue reading 4 charts show why Trump’s tariffs will hurt everyone – not just China