Donald Trump is an Economic Ignoramus!

Not surprisingly, Donald Trump has followed in the infamous footsteps of his presidential predecessors in the transition from candidate to chief executive.  Invariably, every candidate for the presidency makes a whole host of promises, the vast majority of which are horrible and typically only exacerbate the problems they attempt to resolve.  Among the proposals, however, … Continue reading Donald Trump is an Economic Ignoramus!

Why is North Korea Being So Unreasonable?

On April 28, Secretary of State Rex Tillerson told the U.N. that North Korea “must dismantle its nuclear missile programs” before the US “can even consider talks.”* Sounds reasonable. Why hasn’t the Kim Jong-Un regime responded with open arms and shouts of joy for this generous and fair-minded proposal from Uncle Sam? Maybe it is … Continue reading Why is North Korea Being So Unreasonable?

On the Commemoration of World War I: From Woodrow Wilson to Donald Trump

It is altogether fitting that the US attack on a Syrian airport, the dropping of a MOAB on defenseless Afghanistan, and the potential outbreak of nuclear war with North Korea have all come in the very month one hundred years earlier that an American president led the nation on its road to empire.  President Trump's … Continue reading On the Commemoration of World War I: From Woodrow Wilson to Donald Trump

The Cost of a Trump Presidency

Last Thursday's wanton attack on a Syrian air field by the US and its bellicose actions toward North Korea have brought to the forefront the real cost of candidate Trump's landslide victory last November. Unlike most laymen, accountants, and financial analysts, economists look at cost differently.  For economists, cost or more specifically, "opportunity cost," means … Continue reading The Cost of a Trump Presidency

The American Empire and Economic Collapse

Despite the widespread hope among libertarians, classical liberals, non-interventionists, progressive peaceniks, and all those opposed to the US Empire that it may have some of its murderous reins pulled in with the election of Donald Trump, it appears that such optimism has now been dashed.  While the hope for a less meddlesome US foreign policy … Continue reading The American Empire and Economic Collapse