Fallout from the Trade Wars

Fallout from the Trade Wars

The president pledges to “make America great again,” which is a crucial and noble sentiment. But protectionism only hurts rather than helps do that job.

The Best Response to Foreign Tariffs? Lower Your Own

The Best Response to Foreign Tariffs? Lower Your Own

The fact is, while the U.S. and the major European countries have emphasized the idea and benefits from free trade, all of these governments impose various types of tariff and other barriers to shelter selected sectors of their respective economies.

The Best Response to Foreign Tariffs? Lower Your Own

Tariff Wars (and the Fallacy of the Balance of Trade)

The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and easy to win. That remains to be...
Trade Deficits Are Only Dangerous When Caused By Government

Trade Deficits Are Only Dangerous When Caused By Government

Governments have sold their bonds to fund vote-buying welfare state spending, or expanding bureaucracies with loyal supporters of power-hungry politicians, or on delusional dreams of military power, or colossal public works projects hailing the greatness of the dictatorial or democratically elected leader.

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