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Tag Archives: Donald Trump

Is there a market for thoughtful conservatism in the US?

As a non-American, I hear confusing news on the status of the American right at the moment. In particular, I have problems understanding whether the influence of President Trump is over after the Capitol Hill revolt of early January. On the contrary, are Republicans unable to free themselves from his spell- perhaps, only at the very high price of giving birth to a third party? Perhaps it is too soon to say: after all, Trump left the Oval Office only four months...

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Margins and the 2020 Presidential Election

The Power of Thinking on the Margin Because I understand the power of one vote–it’s very close to zero–I always vote in Presidential elections for the candidate who’s closest to my views. The first time I was able to vote in a Presidential election was in 1988 and from then until now I have voted for the Libertarian Party candidate. That’s where thinking on the margin has led me. But Presidential candidates have a much thicker margin. They make hundreds of...

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Biden’s Endearing but Collectivist Inaugural Speech

If Donald Trump were not (alas) so ignorant, he would envy the quality of Joe Biden’s inaugural speech pronounced earlier today. But there is a deep question to ask: Why are political rulers so insistent on “unity.” It was the main theme of Biden’s speech, where the word appears eight times. It was also a constant theme with Trump—but muffled as time went on. Remember his remarkable 2016 campaign ad, which is well worth listening to: I will unify and bring our country...

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China won the trade war

A year ago, Tyler Cowen claimed that President Trump won round one of the trade war with China: I’m not entirely convinced we won even the first round of the trade war, although the claim might be true.  The stated goal of President Trump and his advisers was to reduce the US trade deficit with China.  A secondary goal may have been to slow the growth of China’s economy.  A third goal might have been to weaken the position of Xi Jinping, who has been moving China in...

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Did Trump Foment a Violent Assault?

“Today’s violent assault on our Capitol, an effort to subjugate American democracy by mob rule, was fomented by Mr. Trump,” Mattis wrote. “His use of the Presidency to destroy trust in our election and to poison our respect for fellow citizens has been enabled by pseudo political leaders whose names will live in infamy as profiles in cowardice.” This is from Lara Seligman, “Mattis blames Trump for inciting ‘mob rule’“, Politico, January 6, 2020. Because I didn’t...

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America’s Dysfunctional Economy: Peter Schiff on Lions of Liberty

Peter Schiff appeared on the Lions of Liberty podcast with Marc Clair to look back at the Trump economy and ahead to what the Biden years might bring. Along the way, Peter and Marc talk about the stock market bubble, Peter’s move to Puerto Rico, the looming dollar collapse, and bitcoin.The Trump economy will probably be most remembered for the surging stock market. The president constantly pointed to record stock values as a measure of his success. But Peter reminds us...

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Casey Mulligan on Donald Trump versus Jeb Bush

I found so many things memorable in Casey B. Mulligan’s recent book,  You’re Hired: Untold Successes and Failures of a Populist President. I noted many of them in my Hoover article 2 months ago but didn’t have space for the following story. Here’s Casey: The conventional wisdom is that @realdonaldtrump is a window into the “presidential id.” In other words, the person and the Twitter persona are in essence the same. That’s a nice theory, but how well does it fit the...

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Did the Libertarian Party Cost Donald Trump the Election?

No, but it might have cost him Georgia’s electoral votes. My friend and fellow economist Walter Block has an op/ed in the Wall Street Journal (November 8 and November 9 print edition) titled “Libertarians Spoil the Election.” Here’s his argument: Did the Libertarian Party throw the election to Joe Biden? Maybe. At this writing nominee Jo Jorgensen’s vote total exceeds Mr. Biden’s margin over President Trump in Arizona, Georgia, Nevada and Pennsylvania, enough to...

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How Will the Next President Impact Gold?

How will the outcome of the US election impact the price of gold moving forward?Of course, there is no way to know for sure. US politics is just one of the myriad factors that influence the gold market and you never know how things will play out. But there are reasons to believe the future will remain bullish for the yellow metal no matter who ends up sitting in the Oval Office.As of Wednesday morning, the election was still up in the air. But one thing is clear. It’s not going to be the...

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Who Will Fix The National Debt? It Looks Like Nobody

The FY2020 budget deficit came in at $3.13 trillion. At some point, the US government will have to reckon with the debt and spending. But according to recent analysis from the nonpartisan Committee for a Responsible Budget, neither Trump nor Biden appear prepared to do so. In fact, its analysis shows Trump would only be slightly better than Biden when it comes to spending and debt.During the 2016 presidential campaign, Trump promised to deal with the skyrocketing national debt. In fact, he...

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