Do Allegations of Intellectual-Property Theft Justify Protective Tariffs?
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.
READ MORETo Help Women, Should We Boycott Women’s Soccer?
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.
READ MORESpeak Not of Trade Deficits But Goods Surpluses (Video)
Edward Stringham addresses the trade war and the mistaken notion of the trade deficit, speaking on BBC.
READ MORETariffs Have Not Been Paid by China; They Have Not Raised Revenue on Net
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.
READ MOREFreer Trade and Economic Growth: Evidence of the Relationship
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.
READ MOREA Protectionist Is Someone Who…
A protectionist cannot adequately explain why each and every household in the world does not itself literally build its own home.
READ MOREWho Pays the Tariffs (Video of Ed Stringham on Cheddar)
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?
READ MOREProtectionists in Plunderland and Wonderland
The Wonderland of sincere protectionists is truly a crackpot unreality.
READ MORETrade War Goes Bipartisan, and the Fed Will Make It Worse
The trade war is heating up. Unfortunately, the Fed’s current framework will exacerbate the damage.
READ MORECurrency Devaluation Is No Ticket to National Prosperity
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.
READ MOREThe Constitution Gives the Trade Power to Congress Alone
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.
READ MOREAmerica’s Economic Commissar of Trade
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.
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