by Dan Mitchell | Aug 15, 2018 | Blogs, Trade
It’s no secret that I’m a critic of Trump’s protectionism. He doesn’t understand the benefits of trade, misinterprets trade data, and – to coin a phrase – he’s “making cronyism great again.” But, as shown in this interview, even I’m shocked that he’s “blaming the...
by Dan Mitchell | Aug 1, 2018 | Blogs, Trade
By starting a trade war, President Trump is playing with matches in a gunpowder factory. Other nations are retaliating, creating the risk of escalating tit-for-tat protectionism. But is that really what’s happening? Is it possible that the President instead is playing...
by Dan Mitchell | Jul 25, 2018 | Blogs, Trade
President Trump is a protectionist. He doesn’t understand the principle of “comparative advantage.” And he’s wrong about the implications of a “trade deficit.” But that doesn’t mean everything he says about trade is wrong. He frequently accuses other nations of...
by Dan Mitchell | Jul 20, 2018 | Blogs, Trade
There were many policy mistakes that contributed to the Great Depression. Monetary Policy presumably deserves the lion’s share of the blame, but politicians also increased the fiscal burden of government and radically expanded the amount of regulatory intervention....
by Dan Mitchell | Jul 16, 2018 | Blogs, Economics, Trade
I get offended when I hear people argue that Donald Trump is another Ronald Reagan. I’m not saying that out of animosity to the President. I also got offended when people compared Bush 41 or Bush 43 to Reagan. I realize Reagan was not perfect, but I think he genuinely...
