by Dan Mitchell | Dec 7, 2018 | Blogs, Trade
Both Barack Obama and Hillary Clinton have said really foolish things, but Donald Trump may have set a new record for economic illiteracy with this tweet. ….I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them...
by Dan Mitchell | Dec 1, 2018 | Blogs, Economics, Trade
Three weeks ago, I shared a video about the economics of trade balances. Here’s the next video in the Freedom Partner series, which looks at why trade (whether inside a nation or across borders) makes our lives better. Simply stated, we would all be miserably poor if...
by Dan Mitchell | Nov 10, 2018 | Blogs, Economics, Trade
Last month, I explained why trade deficits don’t matter. I make the same point in this short video from Freedom Partners. Near the end of the video, I pointed out that unfettered trade is good, whether with your neighbors or with people in other nations. And I also...
by Dan Mitchell | Oct 27, 2018 | Blogs, Trade
In doing some research about how to present the best case for free trade and against protectionism, I found some excellent commentary on why trade deficits don’t matter. Here are some excerpts from a column by Don Boudreaux, a professor at George Mason University....
by Dan Mitchell | Oct 16, 2018 | Blogs, Economics
When Trump imposes protectionist trade barriers, he doesn’t realize that the harm imposed on other nations is matched by damage to the U.S. economy. As I warn in this interview, something similar could happen if the federal government convinces other nations to reject...
