by Dan Mitchell | Dec 12, 2024 | Blogs, Trade
In Part I of this series, I showed that there has been a long-run decline of manufacturing employment in the United States, but pointed out that it is silly to blame this drop on trade agreements such as NAFTA or the WTO. What’s really happened is...
by Dan Mitchell | Dec 4, 2024 | Blogs, Taxation, Trade
At the start of this 2022 video, I openly stated that trade destroys jobs. But since I didn’t want anyone to jump to the wrong conclusion, I quickly explained that all trade destroys jobs, whether trade between North Carolina and Missouri or trade between the...
by Dan Mitchell | Nov 16, 2024 | Blogs, Economics, Trade
Halfway through Trump’s first term, I used a set of scales to characterize his mixed economic policy. He had some pro-growth policies such as deregulation and tax reform, and he had some anti-growth policies such...
by Dan Mitchell | Oct 28, 2024 | Blogs, Trade
Why has the United States imposed a trade embargo against Cuba for many decades? The answer is that both Republican and Democratic politicians have understood that trade restrictions will hurt the Cuban economy. Whether a Cuban blockade makes sense...
by Dan Mitchell | Oct 23, 2024 | Blogs, Economics, Taxation, Trade
I’m not a fan of the International Monetary Fund, mostly because of the bureaucracy’s support for bailouts and higher taxes. Those are terrible policies for the global economy. If you want to add insult to injury, the IMF’s forecasting ability also...
