Bill Waite

  This article addresses America’s current financial and economic situation. What it is not, is a treatise on tariffs or US politics – those two topics have been very thoroughly covered by a plethora of commentators. Rather, our focus herein is to examine America’s situ by employing the Austrian business cycle’s theoretical framework to better […]

  Tariffs are among President Trump’s most controversial initiatives. Yes, tariffs – those deplorable taxes that apply to all, benefit few, and are despised universally by every living economist and approximately 99% of the dead ones. Across the major schools of economic thought, economists (notoriously) agree on little. Tariffs are one of the few exceptions. […]

  On 18 October 2024, the following commentary was in Bloomberg News:   For Wall Street skeptics and diehard members of Team Recession, there’s always some evidence to support their grim prognostications. And while they’ve been proven wrong time and again by an effervescent US economy, right now equity valuations are indeed stretched, corporate bond […]