Trump’s Tariffs Run the Whiskey River Dry
Jim Beam has been making whiskey for a long time, through thick and thin. But the Trump tariffs have shut down the venerable distillery.
Protectionism and Free Trade
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Tariffs Won’t Reshore Jobs
One of the justification that the White House gives for its onerous tariffs is that they will stop the “offshoring” of American jobs and lead to greater job growth here. That scenario has not and will not ever come to fruition.
A Brief History of the Enduring American Embargo against Cuba
For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.
A Brief History of the Enduring American Embargo against Cuba
For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.
America Hurts Farmers and Discounts China’s Soy Imports while Providing a Crutch for Argentina
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
America Hurts Farmers and Discounts China’s Soy Imports while Providing a Crutch for Argentina
Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.
Murray Rothbard on Communism and Cuba
While Murray Rothbard opposed the communist system, he also recognized that Cuba was no threat to the US militarily or economically. That is why he believed the US must recognize Cuba's government and permit trade and travel between the two countries.
Rothbard on America’s Economic War against Cuba
No one opposed communism more than Murray Rothbard, but he also recognized that US policy toward Cuba was unjust, self-defeating, and would fail to accomplish the government’s stated goals of regime change.
We Should Stop Using the Term “Balance of Trade”
We should stop using terms such as “trade surplus” or “trade deficit.” Trade is always a surplus and the only deficit comes from government interventions.
Imports and Developing Countries: Countering the Myths of Western Exploitation
An enduring myth is that imports from industrialized western countries have decimated production of goods in developing countries. Economic history tells a much different story.
