Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist—just like every other intellectual . . .
General Motors last week announced it would close five manufacturing plants, four in America and one in Canada. President Trump responded to GM by threatening to cut the automaker’s subsidies unless it protected American jobs: . . .
Afraid his son would steal his throne, Dionysius I, Tyrant of Syracuse, locked the boy away in a tower. Never leaving his prison, the boy learned about the world from his teachers and books. War, . . .
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, . . .
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 . . .
On Monday the Trump administration announced that it would impose 10 percent tariffs on an additional $200 billion worth of Chinese goods—including many consumer goods which have been exempt until now. This rate will increase . . .
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 . . .
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 . . .
the wisdom of irony The Democratic People’s Republic of Korea (North Korea) is not democratic—it’s barely even a republic. The same goes for the Democratic Republic of the Congo, and the Lao People’s Democratic Republic . . .