When one hears the word “economics,” it is easy to conjure up images of charts, graphs, and spreadsheets. One might think of traders, clamoring to buy and sell various stocks from companies that the normal man has never even heard of or seen. Or, more likely, they might think of accountants, crunching away numbers in a cubicle, trying to balance budgets.This, however, is not the reality for Art Carden and Caleb Fuller. In their book, Mere Economics, these professors do mor...

Civilization was built on trade, and without it nations decline and fall. Is America next?"Trade wars."This phrase dominates the headlines, elections, and political debates of our time.But what, exactly, is a "trade war"?Who pays the price when governments impose tariffs? And why have virtually all economists, from Adam Smith to today’s economists, so consistently defended free trade?In Trade Wars, ...