Economics

Default Now!

Default Now!

As of April 2025, the U.S. national debt stands at a staggering $36.2 trillion. The Congressional Budget Office (CBO) projects that net interest payments on this debt alone will reach $952 billion in fiscal year 2025—nearly a trillion dollars just to service past...

Labour Learns a Trade

Labour Learns a Trade

Recently, the United Kingdom signed two “free trade deals” with India and the United States. Adam Smith and David Ricardo would justifiably take issue with the label of free trade because these deals have not established what the term refers to in the classical...

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