“If the United States has been harmed by NAFTA, it is perhaps found in the misplaced attention it receives. Energy devoted to the trade deal’s alleged harm is attention deflected from actual policy missteps.” ~Colin Grabow
READ MORE“Our dependence on the ability to serve others in highly specialized ways is contingent on the rest of the system working constantly and efficiently. Our shrinking command of general competence puts us at greater risk.” ~Michael Munger
READ MORE“President Biden has maintained his predecessor’s duties on some $370 million worth of Chinese imports. Both national conservatives and liberal protectionists are dead wrong about tariffs and growth.” ~Tarnell Brown
READ MORE“Some low-value-added manufacturing, once economically sensible to do stateside, should now take place elsewhere. The alternative is tying up American workers in less-than-productive jobs.” ~David B. McGarry
READ MORE“By restricting natural gas exports, the administration seeks to impose its vision for the future on the rest of the world.” ~Joel Griffith
READ MORE“If each country specializes in its comparative advantage and trades with the other, the people of both countries gain.” ~Donald J. Boudreaux
READ MORE“Nobody ever planned MRE cheese spread as the preferred medium of exchange between military service members. Cheese spontaneously emerged, again and again, in a process of competition between goods.” ~Emile Phaneuf III
READ MORE“Justification of a policy of free trade does not rest on the claim that free trade in each and every case yields ‘optimal’ results, or a stream of results as excellent as those that would be achieved by protectionist policies.” ~Donald J. Boudreaux
READ MORE“With limited world demand for music, the economic value of that creation, like oxygen, falls to zero. The same isn’t true for the earphones I’m using, since they can’t also be used by anybody else.” ~Joakim Book
READ MORE“Now is not the time to allocate excessive resources to confront external foes, but to address the fundamental issue plaguing us: a government that refuses to rein in spending of taxpayer money.” ~Vance Ginn
READ MORE“Only because people are eager to trade with people in different countries do governments feel the need to suppress this trade…Persons who erect these restraints understand that what they impose is not globalization – that would arise naturally – but economic nationalism.” ~Donald J. Boudreaux
READ MORE“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso
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