What’s free about trade? To put the free in free trade, the United States and its trading partners would have to eliminate special treatment for all products. Yet even in…
Lessons from the Great Recession
Our past two posts addressed causes of the Great Recession and how it was addressed. Today, we look at lessons learned from the crisis. It’s easy to forget what happened…
Addressing a Debt Crisis with More Debt
Last week, we discussed causes of the Great Recession. Today, we look at how it was addressed. The financial crisis was essentially a debt crisis. Mortgagees were unable to pay…