What is currency manipulation?

Yesterday the Treasury Department took the unusual step of designating China a currency manipulator. Secretary Mnuchin, under the auspices of President Trump, made the change, saying, “In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past.” Continue Reading...

One nation under debt

The federal debt is a risk to our future. The nation’s growing debt will weaken our economy and threaten our safety and security. Unfortunately, politicians either avoid the issue or suggest reforms that sound good but can’t solve the problem. Continue Reading...

How market forces can help preserve the environment

Many people believe government rules and regulations are the only way to protect the environment. But there are important benefits that properly structured market forces can bring to environmental policy. When the government and markets work together, it leads to effective solutions for sustainability. Continue Reading...