trade policy
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Was Reagan a Protectionist?
To head off the slippery slope of protectionist interventions, Reagan convinced Japan to voluntarily limit auto imports.
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Making GDP Great Again: A Complementary Approach
Including government spending in GDP distorts our understanding of value: spending more on tanks and bullets doesn’t mean civilians are getting wealthier during wartime.
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How Equity Markets Reacted to Trump’s Tariff Announcements: The Data
The US has been by far the biggest loser in tariff negotiations. Indexes have fallen sharply.
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US Trade Policy is a Humanitarian and Geopolitical Disaster
Trump’s tariffs killed the US’s soft power, leaving a geopolitical vacuum into which US rivals like China will expand.
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Tariffs are Compromising Trump’s Economic Agenda
Even if he slashes regulation and lowers taxes, any savings will be buried under needless damage to our economy and our international reputation.
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Trade Does Not Create A National Security Externality
Our choice to trade can’t impose externalities on some other interests’ desire for security. Government doesn’t have goals separate from its citizens’.
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Busting the NAFTA Myth: US Exports Soared After the Trade Agreement
Free trade has allowed us to purchase low-cost products from overseas, focusing employment in high-paying sectors where we enjoy a comparative advantage.
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Three-Dimensional Trade Chess, Explained
The White House claims tariffs can accomplish three concrete things. Even if each were correct, they’re mutually exclusive.
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Tariff Tension: Will US Shelves Be Empty By Late May?
Trump’s trade war has disrupted shipments, supply chains, and consumer confidence. Shortages and job losses are sure to follow.
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•
‘Twin Deficits’: A Tale of Fiscal Folly, Not Trade Failure
Irresponsible government spending is caused by the fiscal recklessness of Congress and the White House, not by foreigners making attractive offers of imported goods to Americans.
-
•
Was Reagan a Protectionist?
To head off the slippery slope of protectionist interventions, Reagan convinced Japan to voluntarily limit auto imports.
-
•
Making GDP Great Again: A Complementary Approach
Including government spending in GDP distorts our understanding of value: spending more on tanks and bullets doesn’t mean civilians are getting wealthier during wartime.
-
•
How Equity Markets Reacted to Trump’s Tariff Announcements: The Data
The US has been by far the biggest loser in tariff negotiations. Indexes have fallen sharply.
-
•
US Trade Policy is a Humanitarian and Geopolitical Disaster
Trump’s tariffs killed the US’s soft power, leaving a geopolitical vacuum into which US rivals like China will expand.
-
•
Tariffs are Compromising Trump’s Economic Agenda
Even if he slashes regulation and lowers taxes, any savings will be buried under needless damage to our economy and our international reputation.
-
•
Trade Does Not Create A National Security Externality
Our choice to trade can’t impose externalities on some other interests’ desire for security. Government doesn’t have goals separate from its citizens’.
-
•
Busting the NAFTA Myth: US Exports Soared After the Trade Agreement
Free trade has allowed us to purchase low-cost products from overseas, focusing employment in high-paying sectors where we enjoy a comparative advantage.
-
•
Three-Dimensional Trade Chess, Explained
The White House claims tariffs can accomplish three concrete things. Even if each were correct, they’re mutually exclusive.
-
•
Tariff Tension: Will US Shelves Be Empty By Late May?
Trump’s trade war has disrupted shipments, supply chains, and consumer confidence. Shortages and job losses are sure to follow.
-
•
‘Twin Deficits’: A Tale of Fiscal Folly, Not Trade Failure
Irresponsible government spending is caused by the fiscal recklessness of Congress and the White House, not by foreigners making attractive offers of imported goods to Americans.