Tariffs—taxes imposed on imported goods—have been a cornerstone of U.S. economic policy since the nation’s founding. They’ve served multiple purposes: raising government revenue, protecting domestic industries, and influencing trade balances. However, their impact on the U.S. economy has varied widely depending on the era,
The concept of the "price discovery mechanism" is central to understanding how markets function, particularly within the framework of Austrian economics. Austrian economics, a school of thought emphasizing individual action, subjective value, and the spontaneous order of markets, provides a unique lens through which to view how prices
The Quest for Value in Economics Value is a central concept in economics, underpinning how individuals, markets, and societies allocate resources, make choices, and pursue their goals. Across different schools of economic thought, the question of where value originates—whether it resides inherently in objects or emerges from human action—
The Subjective Theory of Value (STV) stands as one of the foundational pillars of Austrian economics, a school of economic thought that emphasizes individualism, free markets, and a deep skepticism of centralized planning. Unlike classical economic theories that sought to explain value through objective measures like labor or production costs,
Friedrich August von Hayek (1899–1992) stands as one of the most influential economists and philosophers of the 20th century. A towering figure in the Austrian School of Economics, Hayek’s ideas have shaped debates on markets, government intervention, and individual liberty. His work spans economics, political philosophy, and epistemology,
Austrian Economics is a school of economic thought that emphasizes individual human action, subjective value, and the spontaneous order of markets as the foundations of economic analysis. Originating in the late 19th century with the work of Carl Menger, it stands apart from mainstream economic schools, such as neoclassical and
John Maynard Keynes (1883–1946) stands as one of the most influential economists in modern history. As the father of Keynesian economics, his ideas revolutionized economic thought and policy, particularly during the turbulent years of the Great Depression. Keynes challenged the classical economic orthodoxy of his time, introducing concepts that
Milton Friedman stands as one of the most influential economists of the 20th century, a towering figure whose ideas reshaped economic policy, academic thought, and public discourse. Born on July 31, 1912, in Brooklyn, New York, to Jewish immigrant parents from what is now Ukraine, Friedman’s journey from humble
The Federal Reserve, often referred to simply as "the Fed," is the central banking system of the United States. Established in 1913, it has played a pivotal role in shaping the nation’s economy through its control of monetary policy, regulation of banks, and response to financial crises.
The USD/MXN (FOREX:USD-MXN) exchange rate, which measures the value of the U.S. dollar against the Mexican peso, has long been sensitive to shifts in U.S. trade policy, particularly tariffs. As of March 21, 2025, recent developments in U.S. tariff policies under the Trump administration have
As of March 20, 2025, Adobe Inc. (NASDAQ: ADBE) remains a focal point for investors navigating the volatile waters of the technology sector. Known for its powerhouse software suite—including Photoshop, Illustrator, and Acrobat—Adobe has long been a staple in the portfolios of growth-oriented investors. However, recent developments surrounding
As of March 20, 2025, Dogecoin (DOGE), the cryptocurrency that began as a meme but grew into a cultural phenomenon, has experienced a significant price drop, leaving investors and enthusiasts speculating about its future. Trading at approximately $0.171 as of mid-March, according to posts on X, Dogecoin has seen