by Richard Schulman Courts on all six continents should be holding the government of China liable for worldwide coronavirus costs. For over a month, the totalitarian Communist government concealed the existence of a dangerous epidemic threat and threatened or jailed those of its doctors and citizens attempting to warn of its existence. “[T]he spread of […]
Policy
Why Fed fans fear Shelton
by Richard Schulman Judy Shelton’s favorable regard for the earlier international gold standard is a strong point in her favor. Her views on this matter are also a principal reason why Fed fans fear Shelton. The gold standard worked best without central bank involvement. In fact, in its heyday, the US Federal Reserve didn’t even […]
China trade deal called managed-trade Gosplan
The weekly trade report with L.C. Critics claim that the Phase One bilateral trade deal just signed by the US and China is a mercantilist, managed-trade Gosplan that will create more rather than less friction between the two countries, further unsettle world trade, and reduce investment. It will also provoke continuing friction between the US […]
Trade’s minor player, Congress
The weekly trade report with L.C. Concern is growing nationwide that trade’s minor player, Congress, shouldn’t have let itself be downgraded to its present subordinate position. Article I, Section 8 of the Constitution specifies that “Congress shall have Power…To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.” Admittedly, […]
USMCA puts US under UN
The Weekly Trade Report – by L.C. The USMCA may move soon to a vote on the Senate floor, but the National Taxpayers Union (NTU) writes that “North American trade policy is too important to rush.” Congressional leaders leading the stampede are behaving like “timeshare salesmen…in trying to create a sense of scarcity and urgency […]