stackyFACTSInstead of taxing incoming goods, some states just establish a hard numerical ceiling. Once a foreign producer hits the arbitrary limit, they are completely banned from bringing in a single additional unit.
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While microeconomics worries about why you chose to buy a generic brand, macroeconomics zooms so far out it loses sight of the individual entirely. It…
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Foreign competition is terrifying for domestic producers, so they beg politicians for a shield. By applying aggressive barriers, states artificially protect…
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The geopolitical equivalent of blocking an ex on social media. States will absolutely forbid their citizens from conducting any financial exchange with a…
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A harsh reality of geography and infrastructure. Certain countries can simply generate more output per unit of input across the board, giving them a massive…
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Global trade is wildly asymmetrical, meaning massive steel boxes pile up where they are useless. Countries that import far more physical goods than they…
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Living wildly beyond your means is supposedly a terrible idea for citizens but standard operating procedure for the state. By constantly issuing new treasury…
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