EU bureaucrats in Brussels have rammed through a so-called Carbon Border Adjustment Mechanism (CBAM), which is euro-speak for a new protectionist tax on imports that are not sufficiently green.
Daily Analysis
The Case for Free Trade
Here are 4 key arguments.
The Threat – and Soon Reality – of Climate Protectionism
This windfall for lobbyists will advance cronyism.
Biden’s Very Bad Trumpian Trade Policy
Protectionism does not work no matter who does it.
Defending International Trade
This process has made all of us so much richer than our ancestors.
Help the World’s Poor with International Trade
Poor nations reap big rewards with expanded trade.
Trade, Jobs, and Wages
One unexpected finding.
Don’t Sweat the Trade Deficit
Here’s the main thing to understand.
The Economics of War, Part II: Trade Restrictions Make a Nation Weaker
How war can teach us economic lessons.
The Failure of Bidenomics, Part III
How much of a burden are these policies?