Economic Policy

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Two national flags the united states of america and india waving proudly side by side against a bright blue sky with fluffy white clouds
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The Indian American Community Deserves Immigration Fairness

The Trump administration's abrupt move to impose a $100,000 fee on new H-1B skilled worker visa applications has sent shockwaves through America's technology sector and the vast Indian immigrant community that powers it. Announced on Friday, September 19, and set to take effect the following Sunday, the directive sparked panic and confusion for workers, businesses, and families — culminating in a frenzied rush to return to the United States before the new rule's midnight deadline. Read More ›
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Group of young African kids walking with buckets and jerrycans on their head as they prepare to bring clean water back to their village.
Image Credit: Logan Venture - Adobe Stock

How Africa Can Get Rich

Africa too can get rich, as once-poor Asian countries have, but not if governments keep doing what they've been doing. Basically, they will have to throw off the stifling tax systems inherited from their prior colonial governments. There are other things you can add to that. But, I think we can say, with confidence, that if things stay as they are, nothing is possible. Read More ›
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A geneticist developing gene editing techniques for disease prevention, lab with CRISPR tools, petri dishes
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The Future Is Local for Research Funding

Given the Trump administration’s funding cuts to the National Institutes of Health and the National Science Foundation, the U.S. must rethink how it endows innovation at American universities. Read More ›
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Printing US dollar bills. Concept of United States economy, buying and selling banknotes in the worldwide. Global finance and business.
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Lawrence Lepard Predicts “The Big Print”

The 2020 period, in which central banks around the world engaged in unprecedented monetary expansion, showed their increasing willingness to essentially “run the printing presses” whenever things got tough. Unfortunately, along the way, they also showed Congress (and other governments worldwide) that no real discipline is needed, because every problem can ultimately be solved with the central bank printing press. Read More ›
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Piles Of Rare Earth Elements Mined And Refined
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With Sovereign Wealth Fund, Trump Seeks to Strengthen Nation

There is no greater betrayal by the U.S. government than failing to protect the safety and security of the American people. But this, in fact, was the case prior to Trump, because Washington abdicated its responsibility to protect and develop all-important rare earth elements that are critically necessary in the production of high-tech military weapons systems, like F-16, F-22 and F-35 jet fighters, drones, and AI-driven systems. Rather, the U.S. has become dependent on China. Read More ›
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President Donald J. Trump signs an Executive Order on on the Administration’s tariff plans at a “Make America Healthy Again” event, Wednesday, April 2, 2025, in the White House Rose Gardent. (Official White House Photo by Abe McNatt)
Image from the White House at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:The_White_House_-_54426179977.jpg

Tariffs Done Wrong

Economic Nationalism, done right, could work very well for the United States in coming decades. The most glorious period for US business, before 1913, was a time of high tariffs and controlled immigration. But, it was also a time when there was no Income Tax; and, in this pre-Federal Reserve era, the money was fixed to gold. The result was very good. The United States, at first a promising “emerging market,” ended up a global superpower. Read More ›
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Public domain image of the Barry Faulkner mural "The Constitution," at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Faulkner_-_%22Constitution%22_mural_(corrected).jpg

Returning to Our Founding Will Make America Great Again

To make America great again, every American citizen should know what was the main driver of America's success in becoming the world's superpower economically and militarily by the early 20th century. America's greatness then was primarily attributable to its spiritually-grounded culture and its form of government—a unique constitutional republic that empowered the people and the states more than elites and the federal government. Read More ›
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Airplane Flying Over Colorful Cargo Containers
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A New Era of Economic Nationalism

The United States was founded on Free Trade. And, high tariffs. Domestically, the United States had exceptional economic policy. There were hardly any taxes, and the currency was reliably fixed to gold. Trade was Free between States. With what I've called "The Magic Formula" (Low Taxes and Stable Money), the US got richer — even with high tariffs with the rest of the world. Read More ›
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Hundreds kilos of gold stolen during war in Europe found on unknown place
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Gold Is Still Your Only Monetary Alternative

Today, we are seeing a lot of the institutions and bad ideas of the Post World War II Consensus breaking down and collapsing. Among these is the rather stupid notion that economies should be managed by some combination of currency and interest rate manipulation, and “fiscal stimulus” spending that amounts to utter waste, for the simple reason that it has no justification except as “stimulus.” These are the conclusions of “Keynesianism,” which has been taught in all universities since the 1940s. Read More ›