Economics
International Trade
As regular readers know, I have been compiling the essays in my “Economic Perspectives” series with a view to publishing the collection as a single work, which should come to fruition in a month or [more…]
Trade
Business
No Need to Control Resources; Access Is Sufficient
For a long time political pundits have wished that the US government was run “more like a business”; thus, believing that a businessman would be preferable to a politician. A businessman’s goal is to make [more…]
Economics
The Protectionists Have No Theory
President Trump’s tariff blitz has shocked and alienated almost all students of economic science, but he seems to have a loyal following of support among the electorate. Students of economic science have a rich history [more…]
America
Keith’s negotiating prowess
Keith’s expertise is certainly not in negotiating and especially not with the Donald. Despite shouting from the rooftops how wonderful our new trade deal with the US is (remember only possible because of Brexit) the [more…]
America
Making Sense of American Craziness
The idea that England and America are two countries separated by the same language is often attributed to George Bernard Shaw, but there are other attributes that separate us as well. We in the US [more…]
America
Some Straight Talk to the Anti-Free Traders
Oh, I know. You aren’t REALLY against free trade per se. You just demand a “level playing field”. Those Chinese cheat by raising tariffs against our goods and subsidizing key industries that they want to [more…]
America
They call him the Great Disruptor
It’s been interesting (but entirely predictable) to see the world reaction to Trump’s tariff speech. I suppose that hysteria is warranted, because what Trump has done is indeed unprecedented and likely to have seismic effects, [more…]
America
David Hume’s Insight Explains America’s Economic Decline
Since he was a young up-and-coming property magnate in New York City, Donald Trump has been fixated on what he believes to be foreigners’ cheating on international trading terms to the detriment of the US. [more…]
America
The Art of the Deal
Creating chaos is part of the Donald’s Art of the Deal. It has been succinctly explained by Andrew Torba. Start with an extreme position to create room for compromise Use attention grabbing statements to control [more…]