Tariffs Milton Friedman Disproved Trump's Argument for Tariffs Decades Ago In a 1978 appearance at Utah State University, the Nobel Prize–winning economist provided the perfect retort to those ...

Incidentally, Nobel Prize–winning economist Milton Friedman explained the lack of logic behind Lutnick's argument nearly five decades ago.

Long before Wolfe a very different set of “masters” — Friedrich Hayek and Milton Friedman — had already laid the intellectual tracks that let Wall Street remake itself.

Friedman was using the banana example as the "absurd" and "extreme" end of the argument for steel tariffs, which were in the news at the time and an audience member had asked about.

Trump is still, astonishingly to me, polling in the mid-40s. If he drops down to 40, we’re in a different political situation. Then there’s the campaign.

You do not need to have any party political affiliation to join us, everyone is welcome. Our ambition? 100,000 members! The European Movement was founded by Winston Churchill in 1949 to promote ...

Jing Pan Tue, Jun 10, 2025, 11:11 AM7 min read The Washington Post/Getty Images ...

Apollo is raising red flags over the reliability of recent inflation data, noting a significant increase in the share of estimated inputs used in the Consumer Price Index calculation.

The gist is simple. That issue focused "on what appears to many to be an existential threat to democracy," the magazine wrote, which is "the far-right shift of the Supreme Court, and the ...

Manufacturers, for the most part, don’t run their operations at full capacity. Machines sit idle. Processes are slowed. Macroeconomists have long studied the effects of these costly choices, asking, ...

Liberal MP Tim Wilson managed to narrowly regain his seat of Goldstein in the Australian Federal election, holding off the charge of outgoing Teal MP Zoe Daniel. In this wide-ranging lunch ...