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Government-Directed Industrial Policy Will Hinder China’s Growth

Government-Directed Industrial Policy Will Hinder China’s Growth

by Dan Mitchell | Mar 9, 2019 | Blogs

During my early years in public policy, back in the late 1980s, I repeatedly crossed swords with people who argued that Washington should have more power over the economy so that the United States could compete with Japan, which supposedly was an economic juggernaut...
Trade, Congress, Separation of Powers, the Administrative State, and the Constitution

Trade, Congress, Separation of Powers, the Administrative State, and the Constitution

by Dan Mitchell | Feb 20, 2019 | Blogs, Economics, Trade

One of the interesting games in Washington is deciding who on the right (however defined) is a “Trumpie” and who is a “Reaganite.” Here are a few indicators. If you claim to be for small government, but cheer Trump’s support of greater federal involvement in child...
Separate the Baby from the Bathwater to Defend the Rules-Based Postwar Order

Separate the Baby from the Bathwater to Defend the Rules-Based Postwar Order

by Dan Mitchell | Feb 7, 2019 | Blogs, Economics, Trade

Donald Trump and other populist leaders frequently are condemned for undermining the “rules-based system” that is the basis of the “postwar order.” What exactly is meant by this criticism? In the case of Trump, is it disapproval of his protectionism? Yes, but that’s...
OECD Not Up to Fighting Modern Trade Challenges

OECD Not Up to Fighting Modern Trade Challenges

by Brian Garst | Feb 5, 2019 | Opinion and Commentary

Originally published by Cayman Financial Review on February 4, 2019. The global trade system is under assault thanks in large part due to the election of Donald Trump as U.S. president. His pledge to “put America first” has been carried out through tariff hikes, U.S....
Trump, Xi, Trade, and the Need for a Second Stage of Pro-Market Economic Reform in China

Trump, Xi, Trade, and the Need for a Second Stage of Pro-Market Economic Reform in China

by Dan Mitchell | Feb 2, 2019 | Blogs, Trade

Since trade promotes prosperity, I want increased market-driven, cross-border commerce between China and the United States. But you can see in this CNBC interview that I’m worried about achieving that outcome given protectionism from President Trump and mercantilism...
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