Protectionism and Free Trade

Displaying 1 - 10 of 113

Agriculture Is Only a Tiny Part of America's Economy — And That's a Good Thing

Protectionism and Free Trade

Blog07/17/2019

Since 1900, the number of American farms in operation has fallen 63 percent. Meanwhile, the American standard of living is far beyond what the farmers of yesteryear could have imagined.

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Free Trade vs. Government Diktat

Protectionism and Free Trade

Blog07/17/2019

In every trade, a person is giving up something he values less for something he values more. Every time a shopper buys any item from another person, he has improved his standard of living, and so has the seller.

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The EU-Mercosur Trade Deal and the Lunacy of Protectionism

Global EconomyProtectionism and Free Trade

Blog07/15/2019

The signing of the EU–Mercosur trade agreement constitutes a starting point — but an unholy alliance between protectionist politicians, agricultural lobbyists, and environmentalists may be forming.

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The Data Shows Socialists — Not Sanctions — Destroyed Venezuela's Economy

Cronyism and CorporatismProtectionism and Free TradeSocialism

Blog07/04/2019

If we stick to the data, regardless of which socioeconomic indicator we choose, it seems clear that the sharp economic downturn began long before 2017.

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The American Revolution Was a Free-Trade Revolution

Protectionism and Free TradeU.S. History

Blog07/04/2019

The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it "fair." But the American revolutionaries saw protectionism for the scam it was, and still is.

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Mexican BMW Factory Shows Us the Benefits of Free Trade

Protectionism and Free Trade

Blog06/18/2019

Car companies are building in Mexico rather than the United States, largely because it has freer trade than the United States does with the rest of the world.

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This Trade War Won't Make America Great Again

Protectionism and Free Trade

Blog05/31/2019

The trade deficit has increased since President Trump took office, consumer prices are rising, and American industries are losing their competitiveness on the world stage.

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Will China Reverse Its Trade Surplus with the United States?

Global EconomyProtectionism and Free Trade

Blog05/30/2019

Even if Trump and Xi both desire to reduce America's trade deficit with China, it's unlikely it will shrink in the short term.

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The Risk of Trump's Trade War Is More Than Just Higher Prices

Booms and BustsGlobal EconomyProtectionism and Free Trade

Blog05/28/2019

It is the lethal combination of tariffs and the end of the expansionary phase of the credit cycle which should concern us.

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The Balance-of-Payments Myth

Protectionism and Free Trade

Blog05/20/2019

It is not "the US" that imports Japanese or Chinese electrical appliances, but an individual from the US, or a group of Americans. They import these appliances because they believe that a profit can be made. And governments ought not interfere in these transactions.

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