by Dan Mitchell | Dec 28, 2018 | Big Government, Blogs, Economics, Government Spending
In this interview yesterday, I noted that there are “external” risks to the economy, most notably the spillover effect of a potential economic implosion in China or a fiscal crisis in Italy. But many of the risks are homegrown, such as Trump’s self-destructive...
by Dan Mitchell | Dec 16, 2018 | Blogs, Economics, Trade
I have a 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. Here’s Part III, which explains how trade (whether domestic or international) leads to creative...
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...
