The validity of Say’s Law stands as the gatekeeper of economic freedom and prosperity. Without it, economic fallacies justify state force, which is multiplied in the name of public salvation.
Tag Archives: trade
Are trade deficits always bad?
This article of mine was first published in the third-quarter 2015 edition of Personal Finance magazine. When you add up all the transactions each month of South African importing and exporting businesses, you will currently find that more is bought from businesses overseas than is sold to businesses overseas. This is commonly known as a […]
Trading away our Economic Sanity
Real productivity – the kind that lasts and builds real and sustainable wealth – cannot be legislated or printed into existence.