by Dan Mitchell | Oct 25, 2025 | Blogs, Trade
Building on three videos I shared in 2018 (see here, here, and here), let’s look at another example of Ronald Reagan explaining the benefits of free trade. I’m sharing the above video because the government of Ontario in Canada recently ran an ad featuring excerpts of...
by Dan Mitchell | Oct 10, 2025 | Blogs, Economics, Trade
After Trump’s first term, right after he left office, I assessed his economic policy. I pointed out that Trump was good on some issues (taxes and regulation) and bad on others (spending and trade). The net result, I wrote, was that, “his...
by Dan Mitchell | Oct 3, 2025 | Blogs, Free Market, Trade
Back in 2018, I wrote a column about trade and “comparative advantage.” Let’s delve further into the issue with this video from Kite & Key. Just like “creative destruction,” people don’t intuitively understand comparative advantage. In the video, I...
by Dan Mitchell | Sep 22, 2025 | Blogs, Economics, Trade
Economic theory can be very instructive. If we understand the roles of incentives, cost-benefit analysis, and relative prices, for instance, that can help guide public policy. Higher tax rates on work will lower incentives to be productive by changing...
by Dan Mitchell | Aug 20, 2025 | Blogs, Economics, Trade
Every so often, I see a powerful visual that leads me to recycle the line about “a picture says a thousand words.” The failure of government schools Obama’s grim employment data Inefficient and excessive welfare More capital means higher wages Today, let’s add to the...
