by Dan Mitchell | Aug 18, 2022 | Blogs, Trade
As a fan of globalization – but not globalism, I endorse this new video from Reason, which punctures myths from protectionists such as Donald Trump and Bernie Sanders (and Joe Biden). If you don’t have a spare seven minutes to watch the video, it addresses three...
by Dan Mitchell | May 30, 2022 | Blogs, Economics, Trade
I support free trade for selfish reasons. I want my life to be better and I want my country to be richer. But I also support free trade for selfless reasons. I want other people in other countries to be richer as well. And...
by Dan Mitchell | May 21, 2022 | Blogs, Trade
I’m a knee-jerk supporter of free trade, which simply means I don’t think politicians and bureaucrats should be able to interfere with my freedom to buy good and services from people who happen to live in other nations. But my support for free trade is not just...
by Dan Mitchell | May 14, 2022 | Blogs, Economics, Trade
When the Commerce Department announced in February that the United States had a record trade deficit for 2021, I shared this video to help make the point that those trade numbers were that year’s “least important economic news.” The main thing to understand is that a...
by Dan Mitchell | Mar 11, 2022 | Blogs, Economics, Trade
Way back in 2010, I explained that Paul Krugman was wrong to think that wars were good for the economy. Indeed, he was more wrong than usual. The additional spending for the military isn’t “stimulus,” so his usual Keynesian argument was misguided....
