David Hebert

Economics

Surprising Court Ruling Signals Trouble for Trump’s Tariffs

In the latest news on tariffs, the US Court of International Trade struck down the tariffs that President Trump has…

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Economics

Tariffs are Pushing Our Neighbors – and Prosperity – Away

Imagine that a longtime friend complains that you’ve repeatedly tracked mud into his house and threatens to trash your house…

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Economics

DOGE Can Cut Spending, But Real Reform Must Curb Government’s Scope

Examples of government waste are a dime a dozen these days. From the debacles over the $640 toilet seats in…

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Economics

Understanding Trade Balances and What to Do About Them

Part 1: What is a Trade Balance? The balance of trade, often described under the heading of a “trade deficit”…

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Economics

An External Revenue Service?

President-elect Donald Trump has floated the idea of creating an External Revenue Service, which he claims will be used to…

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Economics

Why the US Grows While the EU Slows: Adam Smith’s Recipe

What explains the curious lack of economic progress in the EU over the past 16 years? In 2008, the economies…

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Economics

Why Are There No Trillion-Dollar Companies in Europe? 

Europe is a wonderfully diverse continent, with 44 countries, each with its own rich (and long) history and unique constellation…

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Economics

Resource Allocation: Why You Can’t ‘Just Ignore the Economists’

"Rather than paying with money, those in search of scarce goods people will pay with their time and effort." ~David…

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Economics

Minimum Wages Wreak Labor Havoc 

"They arrogantly believe that this time will be different; that their version of a minimum wage will work where every…

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Economics

Want to Pay More Tax? You Can

"Congress has also budgeted for $1.7 trillion of deficit spending for the current fiscal year; over 26,000 times as much…

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