Adam Smith’s “The Wealth of Nations” and Nobel-winning economist Milton Friedman tell us that government subsidies are always ...

Beggar-thy-neighbour policies aim to benefit domestic economies at the expense of others through protectionist measures like ...

With the pushback over potential reform of the U.S. Agency for International Development, Elon Musk gets a flavor of what his ...

India’s self-interest doesn’t align with those who believe their teams should boycott their match against Afghanistan in the ...

When it comes to arguments for international trade restrictions,’ writes Sowell, ‘most of the arguments are fallacious most of the time.’ ...

New CIA director John Ratcliffe says the most likely cause of the Covid 19 pandemic was a lab-related incident in Wuhan, a ...

These were set out by Adam Smith in The Wealth of Nations (1776) as “canons of taxation." They still serve as a good test for tax ideas. The first canon is that of ‘equity.’ The tax burden ...

Countries with democratic governments and mostly free economies should come together and create a new trade regime, based on balance.

If there’s one thing everyone can agree on, it’s that Trump gets stuff done. Compared to the UK where the business of government moves at glacial speed, the pace at which he has executed his agenda is ...

The think tank Chatham House describes ‘GeoEconomics’ as ‘the interplay of international economics, geopolitics and strategy’. The central question in GeoEconomics is the extent to which the ...

There are plenty of moving parts when it comes to tariffs. Here, we look at what impact tariffs have on the stock market and ...

The author is an economic columnist and CEO of Geuljaengi.Inc. Adam Smith, the founding father of economics, mentioned the “invisible hand” only once in “The Wealth of Nations” (1776).