by Dan Mitchell | Jan 10, 2019 | Blogs, Free Market, Trade
Time for the final installment in my four-part video series on trade-related topics. Part I focused on the irrelevance of trade balances. Part II looked at specialization and comparative advantage. Part III explained trade and creative destruction. Here’s Part IV,...
by Dan Mitchell | Jan 1, 2019 | Blogs, Trade
I started my end-of-year “best and worst” series back in 2013, but didn’t begin my start-of-year “hopes and fears” series until 2017. In that first year, I got part of what I hoped for (some tax reform and a bit of regulatory easing) and part of what I feared...
by Dan Mitchell | Dec 31, 2018 | Big Government, Blogs, Government Spending, Trade
One of my annual traditions is to share the “best and worst news” for each year. I started in 2013, and continued in 2014, 2015, 2016, and 2017. Looking back, 2016 clearly was the best year, though entirely because of things that happened overseas (the Brits vote for...
by Dan Mitchell | Dec 30, 2018 | Blogs, Economics, Taxation, Trade
I periodically try to remind people that you can’t explain or understand economic performance by looking at just one policy. I’ve argued, for instance, good tax policy isn’t a panacea if there are many other policies that expand the burden of government. Likewise, bad...
by Dan Mitchell | Dec 29, 2018 | Blogs, Free Market, Trade
President Trump’s view of global trade is so bizarre, risky, uninformed, misguided, and self-destructive that I periodically try to maintain my sanity by reviewing the wisdom of one of America’s greatest presidents. Ronald Reagan’s remarks in 1985 about the...
