Why We Learn Nothing about Trade
International trade hasn’t had a very good time lately. The outlook is bleak indeed, but it’s not the first time, nor will it be the last.
International trade hasn’t had a very good time lately. The outlook is bleak indeed, but it’s not the first time, nor will it be the last.
Everything is dandy if borrowers make their payments on their increasingly unaffordable homes. But will unemployment remain low forever?
It’s not just California going off the deep end.
It is a myth that "we don't make things in America anymore." Thanks to automation, we simply need fewer people to make more stuff.
To put an Austrian spin on this, conception is essentially the creation of a higher order good.
Robert Reich isn't interested in economics. His pronouncements are simply clarion calls to destroy wealth and spread poverty.
Protectionism may provide some short-term benefits to a small number of special interests, but at much greater costs to the rest of society.
What America is facing are the illogical trade policies of an economically illiterate president in the White House.
Dan Mitchell and Jeff Deist discuss the biggest threat to American prosperity.