The Problem with Idolizing “Efficiency”
When economists idolize "efficiency" while ignoring property rights, they can justify pretty much anything.
Protectionism and Free Trade
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Mr Trump, Tear Down These Trade Barriers
American tariffs are just taxes on Americans, and its the American consumer who will suffer most.
An Open Letter to President Trump on Trade and Tariffs
Why attack the most vulnerable in our society, who benefit enormously from inexpensive imported retail goods?
A Tax on Imports Might as Well Be a Tax on Exports
The Constitutional ban on export duties has always been a hollow victory. Export tariffs are analytically equivalent to import tariffs.
Three Economics Lessons I Learned from My Dad
Business owners understand that the key to prosperity is to reduce costs and deliver more goods to the customer. Wage workers, however, often want higher prices in order to "protect" their jobs.
Trump’s Senseless Trade War with China
Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.
