Free Trade

Saturday, August 17th, 2019

Tariffs invite retaliation thus ruining export markets in addition to raising prices and tipping small businesses into the failing side of thin margins. 

Tuesday, August 13th, 2019

Trade wars can only be fought with fiscal, monetary, and interventionist regulatory policy tools that hinder and hamper the free choices of all of us, both in the domestic and international marketplaces.

Monday, August 12th, 2019

GATT marked a seachange in economic affairs, the moment when nationalist-style protectionism gave way to international cooperation and the primacy of enterprise. It was the revolution of 1948. 

Friday, August 2nd, 2019

The human imagination has a way of inventing an infinite number of reasons why the personal ego is superior to logic and evidence. 

Monday, July 29th, 2019

New data show the trade war initiated last year by the United States is costing the global economy dearly.

Sunday, July 28th, 2019

The Coalition for a Prosperous America writes as if tariffs will miraculously cause the workers and resources necessary to perform all this new production to materialize out of thin air – a proposition that causes one to laugh as one does when reading The Onion.

Monday, July 22nd, 2019

To trust the U.S. government to impose tariffs at home as it acts as an enforcer for private companies that choose to operate abroad is a recipe for cronyism costumed as ethical law enforcement.

Sunday, July 14th, 2019

Let’s just try a mental experiment. Let’s regard the players on the team as some seem to regard themselves, exploited and underpaid. The same claims are made for many people around the world. The commonly proposed solution is the boycott.

Friday, July 12th, 2019

Edward Stringham addresses the trade war and the mistaken notion of the trade deficit, speaking on BBC. 

Thursday, July 11th, 2019

Let us at least learn from the real-time history and experiment in process right now. Let us look at the facts and compare them with the promised results.

Wednesday, July 3rd, 2019

Even if the reduction of trade barriers accounts for only a small part of the observed increase in growth, the cumulative gains from reform appear to be substantial.

Monday, July 1st, 2019

A protectionist cannot adequately explain why each and every household in the world does not itself literally build its own home.

Thursday, June 27th, 2019

Is Trump engaged in a high-stakes game to bring about freer trade with China, or just looking for a way to justify the tariffs that he claims have revived American manufacturing?

Monday, June 24th, 2019

The Wonderland of sincere protectionists is truly a crackpot unreality.

Thursday, June 20th, 2019

The trade war is heating up. Unfortunately, the Fed’s current framework will exacerbate the damage.

Monday, June 17th, 2019

If a government manages to undervalue its currency in terms of foreign currencies, it subsidizes the consumption of foreigners who purchase its country’s exports. And while gains are reaped by those of its citizens who work to supply goods for export, currency undervaluation makes most of that country’s citizens poorer.

Friday, June 14th, 2019

Because this is a tool the president can actually use — and because it bypasses the much more difficult task of having to persuade Congress of the merits of his ideas — Trump is using the tariff weapon more and more to address matters further and further removed from trade.

Wednesday, June 12th, 2019

In this he is no less of an economic tyrant than, say, Nicolas Maduro, the socialist dictator of Venezuela. He, too, rules by command and decree.

Monday, June 10th, 2019

If we persist in reducing their brilliant progress to anything other than hard work being matched with freedom, we risk turning the biggest consumers of all things American against the United States. The economic consequences for the American people will be unfortunate.

Monday, June 10th, 2019

Trump has pontificated on trade for decades, with words that reveal him as a clichéd economic nationalist.