by Dan Mitchell | Apr 2, 2025 | Blogs, Trade
I shared data yesterday showing how and why trade deficits don’t matter. Moreover, I shared data showing that countries with higher taxes on imports usually have higher trade deficits. Unfortunately, Trump and his team don’t understand trade. Instead,...
by Dan Mitchell | Apr 1, 2025 | Blogs, Trade
I’ve repeatedly shared a chart showing that a trade deficit is merely the flip side of an investment surplus. But that chart had data through 2017, so let’s look at a new version of the chart, courtesy of the Tax Foundation....
by Dan Mitchell | Mar 30, 2025 | Blogs, Trade
When Javier Milei was running for President in 2023, I explained that the media was wrong to equate him to Trump. In American terms, Milei is a libertarian or Reaganite (or a “freedom conservative“). Trump, by contrast, is hard to define, but is...
by Dan Mitchell | Mar 17, 2025 | Blogs, Trade
In late 2023, I compared the world’s top-10 free trade jurisdictions and the world’s top-10 protectionist nations. The numbers were shocking. Average per-capita economic output in the 10 ultra-free trade jurisdictions was more than $46.5 thousand. The...
by Dan Mitchell | Mar 12, 2025 | Blogs, Trade
Mark Perry of the American Enterprise Institute is famous for his Venn Diagrams that highlight intellectual incoherence and dishonesty. Taxation and incentives The War on Drugs The Minimum wage The Food and Drug Administration Consenting adults Trade Taxation and...
