David Reavill

Trump's Tariffs In A World Of Floating Exchange

Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?

Today's America And The Just War Theory

Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.

Is The President Stuck In The 1960s?

The answer to that question will be readily apparent to those of a certain age, but a total enigma to our younger fellows. During the entire period of the Cold War, which lasted for more than 40 years from the post-war years until the fall of the Soviet Union in 1992, the overwhelming threat was from a Soviet Nuclear Bomb.

How The World Views Trump Policies

One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.

How The World Views Trump Policies

One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.

How The World Reacts To Trump Policies

One such market does exist. It's the Foreign Exchange Market (FOREX). On this market, the US Dollar trades against all the other currencies in the world. The St. Louis Federal Reserve tracks the Weekly movements of the US Dollar Index (Nominal), which is available to everyone.

The Economic Impact Of The Iran-Israel War

On Friday, June 13 (remember the Jewish day begins at sundown), Israel attacked Iran. In an audacious move, the IDF managed to hit selected nuclear enrichment facilities, as well as assassinate several Iranian military leaders and atomic scientists.The back-and-forth volley of ballistic and hypersonic missiles, as well as drones and fighter jets, continues, with both sides indicating that this will be a long war lasting many days and perhaps weeks.

Budget Debate: Where's The Economy Headed?

Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.

Where's The Economy Headed?

Today, we’ll take a bird’s-eye view of the economy to gain perspective on President Trump’s Economic Policies in light of the Administration’s Budget Proposal, the “Big, Beautiful Bill, now being debated in the US Senate.

Does Anything Good Come From International Trade?

On April 2, 2025, “Liberation Day,” President Donald J. Trump presented the world with his list of tariffs to be applied to virtually all nations. This was the climax of a process that he had begun a couple of weeks before. He aimed to reduce the annual trade deficit that the United States has endured for years.