The Commerce Department (whose idea was that?) routinely reports on the U.S. trade deficit–that is, the amount by which the dollar value of American imports exceeds the dollar value of American exports. China's trade surplus with the United States is of special concern to many people. Yet as Adam Smith wisely said, "Nothing . . . can be more absurd than this whole doctrine of the balance of trade." Indeed, writes Sheldon Richman, concern about imports and exports really is ridiculous. What is an export? What is an import? These words are defined in reference to political boundaries of only one kind: national boundaries. If there were no such boundaries, there would be no exports or imports. But political boundaries are just that. They are not economic boundaries. To the extent that they can, people go about their business as though those boundaries weren't there.
Sandy Martinez says that fine, along with another $63,500 for driveway cracks and a downed fence, violates Florida's constitution.
'Everything Has Been Criminalized,' Says Neil Gorsuch as He Pushes for Stronger Fourth Amendment Protections
The justice weighs in during oral arguments in Lange v. California.
The proposed bill from Assembly Members Evan Low and Cristina Garcia would require stores to have one unisex section for children's products and apparel.
A California Man Died After Cops Knelt on His Neck During a Mental Health Call. Then the Department Tried To Hide It.
Angelo Quinto's family has filed a wrongful death claim.
A nationwide ban on evictions is well outside the congressional power to regulate interstate commerce, ruled U.S. District Judge J. Campbell Barker on Thursday.