Free Trade
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Dirty Hands vs. Decentralized Producerism: The Populist Logic Behind Trump’s Tariffs
The costs associated with “industry jobs” are high and tangible — and never paid by the elites who want to “bring them back.”
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Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.
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Are Americans Worse Off Since NAFTA? The Data Say No
We Americans have gotten richer as we’ve run trade deficits and since NAFTA took effect as well as since China joined the WTO.
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Congress Must Take Back Control Over Tariffs
Allowing the president to wield emergency powers for economic purposes undermines the separation of powers that the Constitution was designed to protect.
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Victor David Hanson and his Smoot-Hawley Strawman
Economists don’t claim that tariffs caused the Great Depression, but tariffs make bad times worse.
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Trade Is Not a Light Switch: Why Cutting Global Ties Will Leave Long-Lasting Scars
The damage done by Trump’s tariffs is not some transient dip in output or a blip in prices. It is a structural downgrade in our capacity to create.
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Retaliatory Tariffs? Again?
President Trump’s recent tariffs show no familiarity with history, and little reassurance for those who hoped he understood capitalism and freedom.
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The Other Cost of Protectionism
Protectionism is an economic poison, and its lingering side effects weaken the economic body over time.
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Don’t (Just) Hate the Tariffs, Hate the Institutions
Trump exercises power with more theatrical defiance than Obama and Biden. But the power itself comes from complacency and abdication of constitutional checks.
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The Tariff Crash of 2025: The Price of Economic Amnesia
Tariffs imposed by President Trump have raised the US average effective tariff rate to 22 percent — the highest since 1909.
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•
Dirty Hands vs. Decentralized Producerism: The Populist Logic Behind Trump’s Tariffs
The costs associated with “industry jobs” are high and tangible — and never paid by the elites who want to “bring them back.”
-
•
Adam Smith vs. the Tariff State: A Timeless Case for Free Trade
Adam Smith’s principles, far more than Trump’s passions, are attuned to the principles of human flourishing.
-
•
Are Americans Worse Off Since NAFTA? The Data Say No
We Americans have gotten richer as we’ve run trade deficits and since NAFTA took effect as well as since China joined the WTO.
-
•
Congress Must Take Back Control Over Tariffs
Allowing the president to wield emergency powers for economic purposes undermines the separation of powers that the Constitution was designed to protect.
-
•
Victor David Hanson and his Smoot-Hawley Strawman
Economists don’t claim that tariffs caused the Great Depression, but tariffs make bad times worse.
-
•
Trade Is Not a Light Switch: Why Cutting Global Ties Will Leave Long-Lasting Scars
The damage done by Trump’s tariffs is not some transient dip in output or a blip in prices. It is a structural downgrade in our capacity to create.
-
•
Retaliatory Tariffs? Again?
President Trump’s recent tariffs show no familiarity with history, and little reassurance for those who hoped he understood capitalism and freedom.
-
•
The Other Cost of Protectionism
Protectionism is an economic poison, and its lingering side effects weaken the economic body over time.
-
•
Don’t (Just) Hate the Tariffs, Hate the Institutions
Trump exercises power with more theatrical defiance than Obama and Biden. But the power itself comes from complacency and abdication of constitutional checks.
-
•
The Tariff Crash of 2025: The Price of Economic Amnesia
Tariffs imposed by President Trump have raised the US average effective tariff rate to 22 percent — the highest since 1909.