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.
Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading.
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.
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.
Trade war means increasing the debt, eroding the public confidence, raising prices, and burdening the economy with interventions. All of it done in the name of the "public good."
Trade war means increasing the debt, eroding the public confidence, raising prices, and burdening the economy with interventions. All of it done in the name of the "public good."
This week's avocado ban—and the behind-the-scenes regulatory regime governing avocado imports—reminds us that there is no such thing as free trade between the US and Mexico.
Conservatism is allegedly grounded in a recognition of the natural limits of humanity. But when it comes to free trade, conservatives throw all that out the window.
Tariffs and trade controls are little more than tax increases and a chance to further empower a bloated bureaucracy. Not surprisingly, Biden doesn't appear to be enthusiastic about embracing free trade.
Conservatism is allegedly grounded in a recognition of the natural limits of humanity. But when it comes to free trade, conservatives throw all that out the window.
