Too often the tariff debate is fought along economic lines: will tariffs create jobs or will they funnel wealth into dying industries? This line of reasoning is fundamentally flawed. Economics and politics—wealth and power—are inseparable, . . .
First published on the Daily Caller. “Consumers are paying the price” for President Trump’s tariffs, CNN claims. Millions will feel the pinch; many thousands will lose their jobs. What CNN fails to mention is that millions of Americans already feel . . .
U.S. Commerce Secretary Wilbur Ross told CNBC on Tuesday that President Trump’s tariffs wouldn’t hurt American consumers, noting that because the price increase will be “spread over thousands and thousands of products, nobody’s going to . . .
Everyone and their dog has heard of Adam Smith, John Maynard Keynes, and Milton Friedman. Not only are they some of history’s most influential economic thinkers, they are intellectual celebrities. Books like the Wealth of Nations are . . .
Most Americans Support Trade Theoretically, but Don’t See Practical Benefits New public opinion data from Pew Research finds that while Americans support global trade in principle, many are skeptical of its practical benefits—particularly regarding job . . .
President Trump announced he will levy 10 percent tariffs on some $200 billion worth of Chinese goods. The tariff will take effect on September 24, and is slated to increase to 25 percent by year’s . . .
Ask any Democrat why they support open borders and they’ll invariably respond with one of two pre-digested answers: because “diversity is our strength” and “we need immigrants to pay for our pensions.” The first argument . . .
In 1993 President Bill Clinton promised that the North American Free Trade Agreement (NAFTA) would create “a million [American] jobs in the first 5 years.” He also said NAFTA’s “side agreements” would “make it harder . . .
Alex Nowrasteh is many things. He is the Cato Institute’s senior immigration policy analyst. He is a self-described “radical” open borders advocate. And he is Tucker Carlson’s punching bag. But most importantly, Alex Nowrasteh is . . .