Peter's Blog

Insane… Trump’s Tariff Policy

As each day follows “Liberation Day,” the Trump administration’s justifications for tariffs continue to fall. All that remains are economic fallacies and the continuing concentration of power in the executive.

Stop Deficit Spending—Debt Reduction Follows Naturally

All libertarians agree: federal budget deficits must come to an end. But what comes after a balanced budget? How should libertarians handle the national debt?

GDP’s Hidden Flaws: How Spending Metrics Distort Economic Reality

As warning signs of recession grow, the political class will increasingly point to misleading statistics as proof of their competency. The most popular economic aggregate, Gross Domestic Product (GDP), is worth nuancing.

Foreign Investment—Boon or Bane for America’s Economy?

In the aftermath of “Liberation Day,” it’s clear America is suffering from a resurgence of protectionism. As policymakers like Peter Navarro increasingly have the public’s ear, it’s necessary to dispel their fallacious reasoning.

Caution Ahead: The ECB’s Digital Euro is On Its Way

With Europe reeling from Trump’s trade war and discussions already underway for expanding European debt, the continent is seeking to reduce its dependence on the United States. The next step in the EU’s expansion of power? A digital euro.

Will Trump Dismantle the Fed or Seize the Reins?

President Trump’s recent tariff overhaul is connected in part to his desire for the Fed to start cutting interest rates. As Trump and DOGE reign in the independence of certain executive agencies, some are questioning how far they’ll go to implement their preferred monetary policy.

From Private Money to State Power: The Evolution of Currency Control

The Austrian School of Economics demonstrates how money can emerge organically from trade and does not require a government to create or manage it. The reality is that, once governments grow large enough, they seek out control of money to further fund and finance their nefarious ends.

Herbert Hoover: Rethinking the Free-Market Narrative

As this country approaches recession territory, interventionist myths about past recessions will only gain traction among the media and political class. One particularly egregious example– President Hoover’s role in the Great Depression– needs to be corrected.

Is US Debt the Catalyst for an Economic Crisis?

As the stock market slumps and the economy shows signs of recession, the Trump administration is preparing for an economic detox. But just how did the economy get here? What drives the business cycle?

Blueprint for Dismantling the Fed

Austrian economists agree that the Fed drives both inflation and the business cycle and is accordingly responsible for the Great Recession and our current economy. Given the Fed’s current policy path and America’s political climate, what’s the best way to end the Fed?