Negative Balance of Trade? So What?

Although the topic may appear daunting, the essence of the matter is utterly simple. As a fair approximation, each international transaction, whether it be buying, selling, borrowing, or lending across a national border involves a willing party on each side—importers want to purchase goods from sellers abroad, lenders want to lend to borrowers abroad, and so forth. Each party to the transactions expects to benefit by entering into it. In a sane and just world, that would be the end of the matter.

Trump Assumes Command of the American Church

As Donald Trump demonstrated in his first address to Congress, no matter how loathsome a ruler may be, he can bring an assembly of politicians to its feet and disarm some critics simply by invoking the quasi-secular faith — Americanism — and eulogizing the latest uniformed war-state employee to sacrifice his life for it. Trump has indeed shown he can fill the job expected of any president: supreme head of what Andrew Bacevich calls the Church of America the Redeemer.

A Guide to the Basic Anxiety of Life

Underlying much of what we do is an uncertainty, an anxiety, a fear, doubts, dissatisfaction … And we react to these anxieties, dissatisfaction and uncertainty in so many unhelpful ways: we seek distraction, we eat unhealthy food, we procrastinate, we get caught in a cycle of anxiety and unhappiness, we lash out at others, we dwell in our loneliness, and then we get in denial about it all. If we could learn to deal with the basic anxiety of life, we would have much more ease and less struggle.