The FedFree MarketsPolitical Theory
As expected, the first week of the Trump administration has brought a mix of good and bad. The good: Trump has already begun to reverse course on government managed trade agreements, started cutting away at special interests, and seems to be generally offending the Washington bureaucracy. The bad: his protectionist instincts were in full display as he threatened Mexico with a tariff, he’s preparing to crank up Pentagon spending, and his Treasury secretary seems less interested in “draining the swamp” than maintaining its alleged “independence.” Meanwhile, as the Fed prepares for its first meeting next week, Janet Yellen’s doesn’t look likely to change much.
On Mises Weekends this week, Jeff joined Tom Woods to discuss the first week of Trump’s America. Jeff and Tom talk about what they’ve seen so far, what they expect in the future, and what the response from the left means for society.
Interested in seeing the newest research in Austrian economics? Register now for this year’s Austrian Economics Research Conference, taking place on March 10–11 here in Auburn, Alabama.
And in case you missed any of them, here are the articles featured this week on the Mises Wire:
View the discussion thread.