by Dan Mitchell | Apr 1, 2025 | Blogs, Trade
I’ve repeatedly shared a chart showing that a trade deficit is merely the flip side of an investment surplus. But that chart had data through 2017, so let’s look at a new version of the chart, courtesy of the Tax Foundation....
by Dan Mitchell | Mar 30, 2025 | Blogs, Trade
When Javier Milei was running for President in 2023, I explained that the media was wrong to equate him to Trump. In American terms, Milei is a libertarian or Reaganite (or a “freedom conservative“). Trump, by contrast, is hard to define, but is...
by Dan Mitchell | Mar 27, 2025 | Blogs, Economics, Trade
I’ve periodically mentioned that Herbert Hoover’s protectionism contributed to the Great Depression of the 1930s. In today’s column, let’s look at some details. We’ll start with this short video featuring Dartmouth’s Doug Irwin....
by Dan Mitchell | Mar 18, 2025 | Opinion and Commentary
Originally published by The Telegraph on March 11, 2025. Donald Trump proudly portrays himself as “Tariff Man”. The vast majority of economists disagree with him and think his views on trade are deeply flawed and a threat to national and global prosperity. But...
by Dan Mitchell | Mar 17, 2025 | Blogs, Trade
In late 2023, I compared the world’s top-10 free trade jurisdictions and the world’s top-10 protectionist nations. The numbers were shocking. Average per-capita economic output in the 10 ultra-free trade jurisdictions was more than $46.5 thousand. The...
