Trump and Xi Are Meeting Today: What Does this Mean for U.S.-China Trade?

Trump and Xi Are Meeting Today: What Does this Mean for U.S.-China Trade?

As the leaves turn in Washington and the chill of autumn settles over global markets, the United States and China have once again danced to the familiar tune of trade negotiations. On October 26, 2025, following two days of closed-door talks in Kuala Lumpur, Malaysia, negotiators from both sides announced a "preliminary framework" for a new trade agreement. This comes just ahead of an anticipated meeting between President Donald Trump and Chinese President Xi Jinping today in South Korea, where the outline is expected to be reviewed—if not finalized—amid the pomp of an economic summit. U.S....

read more
The Hunt Brothers’ Silver Corner, Revisited: An Austrian Reinterpretation

The Hunt Brothers’ Silver Corner, Revisited: An Austrian Reinterpretation

With silver recently touching record highs, now is the perfect time for looking back to the last time silver traded at such levels—for it is a highly instructive case study, particularly when reinterpreted through an Austrian lens. The story of Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt, the Texas oil heirs who attempted to corner the silver market in the late 1970s, is often told as a tale of hubris, market manipulation, and regulatory salvation. Headlines from the era framed the Hunts as reckless speculators whose greed sent commodity markets into chaos and required...

read more
Americans Can Find Peace in a Multipolar World

Americans Can Find Peace in a Multipolar World

Among the torrent of publications continually inundating the policy community and reading public, few are worth reading—between banality and bad ideas, most would have been better left unwritten. A notable recent exception to this general rule, however, is Dr. Ivan Eland’s most recent offering A Balance of Titans: Peace and Liberty in the New Multipolar World, recently published by the Independent Institute. Eland, who spent years as a researcher, policy analyst, director, and commentator for the Congressional Budget Office, U.S. House Foreign Affairs Committee, Cato Institute, and...

read more
Libertarian Realism: Justin Raimondo’s Challenge to Empire

Libertarian Realism: Justin Raimondo’s Challenge to Empire

When the late Justin Raimondo, co-founder and longtime editorial director of Antiwar.com, wrote in 2011 that the anti-interventionist movement needed a “big picture” framework, he was attempting to distill decades of polemic into a theory of international relations. In his essay “Looking at the ‘Big Picture,’” he dubbed this framework “Libertarian Realism.” Though Raimondo never set down a book-length treatise, his insights remain an invitation for libertarians to articulate a systematic foreign policy rooted in their own intellectual traditions. At its core, libertarian realism rests on two...

read more
The Federal Reserve, Interest Rate Suppression, and the Reach for Yield

The Federal Reserve, Interest Rate Suppression, and the Reach for Yield

With Jerome Powell and the Federal Reserve beginning a cutting cycle, it is worth revisiting why the Feds manipulation of interest rates is not a harmless (if misguided) technocratic tool for attempting to “fine-tune” the economy, but is instead a source of deep distortion. This is because, as the Austrian School of economics has long argued, that artificially suppressing rates not only misleads investors but creates systemic fragility. One key mechanism by which this occurs is the phenomenon of “reaching for yield.” When safe assets offer little return because monetary policy holds the...

read more
The Failure of Constitutionalism

The Failure of Constitutionalism

September is Constitution Month, a celebration of the document produced by the 1787 Convention to replace the Articles of Confederation. Predictably, whether Republican or Democrat, there was no shortage of public effusions in its praise. Even libertarians, inheritors of the tradition of classical liberalism, are inclined to celebrate. This is, however, a mistake. For it was precisely their faith in constitutionalism that proved its great undoing. Indeed, the tragedy of classical liberalism is not simply that it was betrayed by later generations, or that its ideals were corrupted by...

read more
The ‘Fake China Threat’ Vindicated

The ‘Fake China Threat’ Vindicated

For several years and in a variety of works at the Libertarian and Mises Institutes, I have argued that Washington’s bipartisan consensus about Beijing as an aggressive, revisionist challenger to U.S. global supremacy was deeply misguided. Far from seeking global hegemony, I have maintained that China’s ambitions are modest, largely defensive, and overwhelmingly focused on domestic stability and development. Now, new peer-reviewed research published in International Security under the title “What Does China Want?” provides powerful empirical backing for those claims, dismantling much of the...

read more
Trump, India, and the China Hawks’ Horror

Trump, India, and the China Hawks’ Horror

For more than two decades, Washington labored to bring India closer—easing sanctions, opening high-tech trade, recognizing India as a responsible nuclear power, and embedding it in U.S.-led Indo-Pacific strategy. From President George W. Bush’s civil nuclear deal and Barack Obama’s endorsement of a United Nations Security Council seat, to the Quad revival under Donald Trump’s first term and the technology initiatives of the Joe Biden years, U.S. policy showed remarkable bipartisan continuity. The goal was clear: position India as a democratic counterweight to China. Yet, since January 2025,...

read more

Podcasts

scotthortonshow logosq

coi banner sq2@0.5x

liberty weekly thumbnail

Don't Tread on Anyone Logo

313x0w (1)

313x0w (1)

313x0w (1)

Pin It on Pinterest