Please, prove me wrong.
There is a lot to unpack with President Donald Trump. Some of it is good and some of it is bad. No, I am not fence-sitting, I am being realistic.
Mercantilism is a better economic model than what Biden’s administration put forth, but, it is seriously inferior to Austrian Economics – even opposed to them at times.
Heck, there is even a really good conspiracy theory (that will never be proven or disproven, because the surrounding data had been systematically destroyed for political reasons, which may or may not have anything to do with theories of economy) that the Austro-Hungarian Prince had been assassinated (leading to Franz Josef being the successor to the crown) precisely because he was a proponent of the Austrian model of economics (think Von Mises) and was planning to put these principles into play upon his rising to the throne.
Yeah, a while ago.
But, this is a valid direction to ruminate in, as Mercantilism was most alive just before then, and was being uprooted by ‘the Austrian School of economics’.
Rooting out inefficiencies and underhanded ways that taxpayer money has been handed over to partisan actors – that is a good thing.
But, the mercantilist mindset is a bitter pill to swallow – if you want to support President Trump.
The most (sadly) interesting thing – from a disinterested 5,000m perspective – is that President Trump’s political opponents are not attacking him on the things that they should: they are being petty and short-sighted, without laying out a reasoned opposition to his mercantilism. It is as if they are working from ignorance, not knowledge.
And that is sad, very sad.
