Topic: Free Trade

With Friends Like These, Who Needs Enemies?

– June 22, 2022

“Unfortunately, the patriotic protectionism story confuses American consumers’ friends and enemies. Our supposed enemies, foreign producers, are actually our friends, and our supposed friends, domestic producers and the US government, are actually our enemies.” ~ Gary M. Galles


Trade, Debt, and Growth

– April 21, 2022

“What are we getting for this unprecedented debt? Mostly, all it’s purchased for us is political leadership which can only charitably be characterized as mediocre.” ~ Robert F. Mulligan


Microchips and Potato Chips

– March 30, 2022

“The fact that we produce more Z doesn’t imply that we thereby can afford to acquire and use more Z. This reality is inescapable whether ‘Z’ stands for potato chips or for microchips.” ~ Donald J. Boudreaux


In Respectful Disagreement with Alex Salter

– February 15, 2022

“While Alex is correct to note that cross-border trade doesn’t ensure against belligerence, it almost certainly does make such belligerence more costly and, hence, less likely. We abandon such trade at our peril.” ~ Donald J. Boudreaux


Lessons from the Tokugawa Shogunate 1603 – 1868

– February 5, 2022

“The impact of the Shogunate was one of stability and unification over the course of the 1600s. The Shogunate established peace and stability after a period of destructive civil war, which in turn allowed commerce and domestic industry to flourish.” ~ Robert F. Mulligan


The Federal Republic vs. Crony Capitalism

– December 22, 2021

“Taylor believed the economic liberty and virtue of the independent farmer flourished only in a decentralized, republican, and constitutional order. Congress’s rhetoric of the glories gained from governmental intervention threatened that order.” ~ Aaron N. Coleman


On Hayek’s “Kinds of Order in Society,” Part I

– December 6, 2021

“In ‘Kinds of Order in Society,’ Hayek identified two categorically different kinds of orders – ‘spontaneous orders’ and ‘organizations’ – that are both common and useful to humans.” ~ Donald J. Boudreaux


Is Free Trade Elitist?

– November 29, 2021

“Intellectuals almost always feature prominently on any side of any debate over any issue. Free trade is nothing more, or less, than freedom and fairness. The notion that it is an elitist scheme is a grotesque canard.” ~ Donald J. Boudreaux


To Fix the Shipping Crisis, Start by Repealing the Jones Act

– October 25, 2021

“The Biden Administration should immediately suspend the Jones Act, at least until the shipping backlog is remedied. That, instead of coddling special interests wielding ludicrous (and arguably long out-of-date) arguments, would be a true ‘gamechanger.'” ~ Peter C. Earle


Hostility to Free Trade Is Now Officially Bipartisan

– October 9, 2021

“Now, despite nominally battling each other on many issues, on one issue Democrats and Republicans stand united: their bipartisan hostility to free trade.” ~ Raymond C. Niles


The Secret Tariff Code Heist

– October 4, 2021

“Unfortunately, as long as politicians can profiteer from restricting imports, protectionism will continue reviving. Most of the media continues to ignore the economic carnage resulting from protectionist decrees that, after all these years, still cannot pass the laugh test.” ~ James Bovard


China’s Export Subsidies Are a Gift

– September 16, 2021

“Misguided retaliation that would eliminate the advantages that cheaper Chinese goods offer would result in unnecessary self-inflicted costs and forgone benefits to the American economy.” ~ Theodore A. Gebhard