Free Trade
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Do EV Producers Need Taxpayers’ Protection?
“Protectionist subsidy of American EV producers necessarily diverts resources away from other industries in the US. What is the value of the production that declines in America because of EV protection?” ~Donald J. Boudreaux
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Ruminations on Income Inequality
“Many of today’s low-income workers will be tomorrow’s middle-income workers; and many of these workers will be among the country’s highest-income earners sometime in the future.” ~Donald J. Boudreaux
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On America’s ‘Trade Deficit’ With China
“The negative connotation conveyed by the term ‘trade deficit’ is so very useful to the protectionist cause that protectionists seem to have no interest in getting their — or their audiences’ — thinking straight about this concept.” ~Donald J. Boudreaux
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GOP Trade Platform Would Penalize Forgotten Americans
“The GOP platform calls for new Buy American restrictions, but this is just warmed-over Bidenomics. The Peterson Institute calculates that Buy American measures cost US taxpayers $94 billion in 2017.” ~Bryan Riley
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Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
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Trade Deficits: Accounting Masquerading as Economics
“Reducing ‘imports’ would not, in fact, increase GDP at all. At best, doing so would leave GDP unchanged since we would be adding less to consumption, investment, and government spending while subtracting equally less from imports.” ~David Hebert
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No, Biden’s Protectionism Isn’t “All About National Defense”
“Evidence from America’s past… lends no support to those who insist that, absent higher tariffs and subsidies, America will probably be unable to maintain the industrial might she needs to defend herself militarily.” ~Donald J. Boudreaux
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The Origins of The War on Prices
“The past decade…has normalized the view that tampering with specific prices is no big deal. An unexpected inflation, arbitrarily redistributing income as it does, creates a fertile environment to justify controlling more prices still.” ~Ryan Bourne
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Bootlegger in a Baptist’s Mask
“Bob Lighthizer wants you to join him in what he claims is a moral crusade to save a few American jobs. He fails to mention that ultimately, we will all pay much higher costs to do this.” ~G. Patrick Lynch
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Protectionists’ Cheap Tricks
“Gains from trade are mutual, a reality that isn’t changed one iota by imposing a political boundary between the traders. Protectionism therefore strips both foreigners and Americans of these gains.” ~Donald J. Boudreaux
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Do EV Producers Need Taxpayers’ Protection?
“Protectionist subsidy of American EV producers necessarily diverts resources away from other industries in the US. What is the value of the production that declines in America because of EV protection?” ~Donald J. Boudreaux
-
•
Ruminations on Income Inequality
“Many of today’s low-income workers will be tomorrow’s middle-income workers; and many of these workers will be among the country’s highest-income earners sometime in the future.” ~Donald J. Boudreaux
-
•
On America’s ‘Trade Deficit’ With China
“The negative connotation conveyed by the term ‘trade deficit’ is so very useful to the protectionist cause that protectionists seem to have no interest in getting their — or their audiences’ — thinking straight about this concept.” ~Donald J. Boudreaux
-
•
GOP Trade Platform Would Penalize Forgotten Americans
“The GOP platform calls for new Buy American restrictions, but this is just warmed-over Bidenomics. The Peterson Institute calculates that Buy American measures cost US taxpayers $94 billion in 2017.” ~Bryan Riley
-
•
Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
-
•
Trade Deficits: Accounting Masquerading as Economics
“Reducing ‘imports’ would not, in fact, increase GDP at all. At best, doing so would leave GDP unchanged since we would be adding less to consumption, investment, and government spending while subtracting equally less from imports.” ~David Hebert
-
•
No, Biden’s Protectionism Isn’t “All About National Defense”
“Evidence from America’s past… lends no support to those who insist that, absent higher tariffs and subsidies, America will probably be unable to maintain the industrial might she needs to defend herself militarily.” ~Donald J. Boudreaux
-
•
The Origins of The War on Prices
“The past decade…has normalized the view that tampering with specific prices is no big deal. An unexpected inflation, arbitrarily redistributing income as it does, creates a fertile environment to justify controlling more prices still.” ~Ryan Bourne
-
•
Bootlegger in a Baptist’s Mask
“Bob Lighthizer wants you to join him in what he claims is a moral crusade to save a few American jobs. He fails to mention that ultimately, we will all pay much higher costs to do this.” ~G. Patrick Lynch
-
•
Protectionists’ Cheap Tricks
“Gains from trade are mutual, a reality that isn’t changed one iota by imposing a political boundary between the traders. Protectionism therefore strips both foreigners and Americans of these gains.” ~Donald J. Boudreaux