Blog

I, Ventilator

President Trump’s invocation of the Defense Production Act isn’t about life support for the sick, but life support for a troubled presidency in an election year.

Blog

A Quick and Dirty Lesson about the Trade Deficit

The trade deficit is the amount by which the total value of purchases of U.S. consumers, businesses, and governments from foreign suppliers exceeds the total value of purchases of foreign consumers, businesses, and governments from U.S. suppliers.