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Protectionism and Free TradeStrategyWar and Foreign Policy
Supporters of US microchip policy against China claim the policy is "strategic," but in reality, it is old-fashioned protectionism with all the usual economic damage.
Cronyism and CorporatismProgressivismProtectionism and Free Trade
While both the Left and Right celebrate the government's new drive to subsidize American microchip manufacturing, we should remember that political "investments" always result in crony capitalist disasters.
Protectionism and Free TradeU.S. Economy
Populists on the right (and left) are claiming that American prosperity came about because of high protective tariffs. But political rhetoric can't replace sound economics.
BiographiesEconomic FreedomProtectionism and Free Trade
Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.
AntipoliticsDemocracyProtectionism and Free Trade
Since the 1940s, failed statist schemes have dragged Argentina into poverty. Javier Milei, who is gaining popularity there, hopes to change his nation's sad history.
Economic PolicyPrice ControlsProtectionism and Free Trade
Although Biden presented the formula shortage as caused by "forces" outside the USA, the shortage is homegrown. Bastiat could have explained why.
AntipoliticsCronyism and CorporatismProtectionism and Free TradeWar and Foreign Policy
The Davos crowd sold globalization as a way to bring nations together. Unfortunately, by insisting on political conformity, the globalists have set the world on fire.
Free MarketsProtectionism and Free Trade
The African Continent Free Trade Area has the potential to serve Africans and bring about better living standards. However, it is threatened by government attempts to "manage" trade.
Protectionism and Free TradeOther Schools of Thought
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.
Economic PolicyProtectionism and Free Trade
The world is in chaos, so politicians MUST do something. Hence, they demand autarky, which is like attempting to put out a fire by pouring gasoline on it.