Global Finance
Books
Trade Wars
Why Freedom Trumps Tariffs
China’s Great Migration
How the Poor Built a Prosperous Nation
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{content}Data Center Paradox
Data centers can lower costs, but states shouldn't waste tax subsidies on them.
Exorbitant and Rising Debt Is a National Security Threat
In the current American political circus, in which both political parties...
Market Power Is Overwhelming Governments
Superpowers remain powerful, but global markets increasingly limit what they can achieve.
Singapore’s Challenge to Classical Liberals
After spending time in Singapore, I am more convinced than ever that what has given...
Why Donald Trump’s Blockade on Iran Won’t Work
Iran’s IRGC does not need much to keep shipping out of the Strait of Hormuz.
The Fed Cannot Unclog Global Shipping Lanes
Oil shocks from conflict are supply problems monetary policy cannot solve.
Suspending the Jones Act: Lessons from the Conflict with Iran
A temporary reprieve from rising gas prices reveals the deep-seated inefficiencies of U.S. domestic shipping.
Collision with Reality
The Supreme Court has just invalidated Trump’s tariff agenda. But the economics were already doing that.
Power of the Purse vs. the Pretext of Emergency
The Supreme Court’s tariff ruling and the structure of the Constitution
Effective Counters for a Manageable Chinese Threat to U.S. National Security
China has become the principal rival of the United...
