The Real Cost of a Trade Surplus (and Why No One Will Admit It)
Every country wants to be a winner. And in the grand theater of international economics, nothing signals victory quite like a trade surplus. Politicians beam when announcing that their nation sold more to the world than it bought. Newspapers trumpet the numbers. Economists nod approvingly. The message is clear: we won at trade. But what […]
The Real Cost of a Trade Surplus (and Why No One Will Admit It) Read More »