Category Archives: Free-trade

Immigration Policy and the Influence of Immigrants on a Society

Do immigrants import their economic (and political) destiny?  And is there any correlation between a past (in some nation) that is anti-market, undemocratic, untrusting and the present state of the nations to which they have migrated in sufficient numbers?  That first sentence is the title of an article in Evonomics: The Next Evolution of Economics, by Garett Jones of the Mercatus Center.  The questions above have been debated in various ways recently and they probably underlay at least some of… Continue Reading ››

The Great Enrichment and Inequality

I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today.  The trilogy is massive, running to about 2,000 pages in three volumes.  This third volume is Bourgeois Equality (University of Chicago, 2016).  As the title implies a big part of the book addresses, directly and indirectly, the issue of inequality or it opposite, equality. … Continue Reading ››

Dueling Economic Proposals: Will They Sway Anyone?

I have so far avoided taking any position on the two main candidates for president.  For my colleague Mark Smith, don’t worry, I will.  I intend to continue the path of avoidance in this blog.  Today I would like to examine and evaluate each candidate’s economic program.  I say nothing about their personal morality, or personality, or anything except economic program as articulated formally.  Donald Trump and Hillary Clinton have both now laid out their plans.  I will look first… Continue Reading ››

Dem’s have annointed their choice for our elite ruler, Republicans have theirs. Which elite do you want?

It’s a frustrating choice to be sure, but let’s take a few minutes to think about what Mr. Trump and Mrs. Clinton have in common.  At root, they and their supporters think they have the right to direct our lives in very important ways.  They differ, of course, in the specifics of how they want to run our lives, but both do.  Mr. Trump wants to deny me the opportunity to freely engage in mutually beneficial exchange with someone in… Continue Reading ››

Globalism versus Globalization

President Obama has shown his true colors again.  In a speech to a group of ambassadors gathered at the White House (July 15) he said this: “I think we have to step back [from the Nice attack] and reflect on what we are doing to eliminate this kind of chronic violence. It’s been a difficult several weeks in the United States.  But the divide … is between people who recognize the common humanity of all people and are willing to build [international]… Continue Reading ››

Free Trade: Trump, Clinton, Obama, and Ryan. Who is Right?

I hate to beat a dead horse, but the issue of trade keeps coming up in the news, whether from Donald Trump and the Trumpists or from Paul Ryan or from Hillary Clinton and Barack Obama, all claiming to have the right position on trade and the place of the United States in the global economic world.  Let’s sort through this mess first to find out who stands for what, if anything. Trump is a protectionist, that is pretty clear. … Continue Reading ››

Goodbye EU

Since the vote to leave the European Union is done, and Great Britain is out, I suppose I will give my opinion about it.  This undoubtedly will not be shared by all.  First, let me say—again—that I strongly favor free trade among nations.  Having said that, the EU is very much more than an economic association.  And even its s0-called free trade is far from free.  It really amounts to protectionism by cartel.  Right there then goes much of the… Continue Reading ››

Protectionism, Donald Trump and the Kevin Williamson Blast

It seems this blog overlaps one just published by my colleague Jeff Haymond.  But I will publish mine anyway, since it nicely supplements his. Donald Trump has been saying quite a bit recently about the disappearance of (especially) manufacturing jobs in the South as well as the “Rust Belt,” blaming those lost jobs on the trade policies of both Democrats and “establishment” Republican politicians.  But in addition, an article appeared recently by Kevin Williamson, or at least is scheduled to… Continue Reading ››

Mr. Trump: Economic Leadership MIA

Today we find ourselves watching and wondering, after eight years of what I consider failed leadership, will we get an improvement?  There are so many huge issues our country faces, and they have been exacerbated by our current Divider-In-Chief.  Pitting one group of Americans against others, while lamenting partisanship, has been a hallmark of Mr. Obama.  Yet now the pendulum has swung back, with many of those Americans that feel left out of Mr. Obama’s vision of America flocking to… Continue Reading ››

Mr. “Art of the Deal” Trump: Not only do I know how to do business, I know how to do everyone else’s business!

So today’s shocker on Drudge and CNBC is that Mr. Trump says he’ll force Apple to produce in the U.S. Republican presidential candidate Donald Trump warned that he would force Apple, the U.S.’s most profitable company, to manufacture all of its products in the U.S. if he is elected president in November 2016.  Technology blog Gizmodo reports that during a speech at Liberty University in Virginia late Monday, the front runner for the GOP ticket said, “We’re going to get… Continue Reading ››