Tag: gains from trade
Why it would be madness to produce all our own food
March 14, 2017 | Post
There’s a reason why, in times of war, countries have blockaded others.
Exports only matter because they let us import
March 6, 2017 | Post
Among economics data watchers, a country’s exports enjoy a hallowed status. The ability of producers in country A to sell goods and services to people in other countries is taken as a sign of A’s economic strength, although the underlying metric for economic strength goes unmentioned. In addition, job counters across the spectrum constantly count […]
Commerce is pointing the way to a more peaceful and prosperous Cuba.
January 23, 2017 | Post
Commerce brings out the best in human beings by providing incentives to care about others. Those who can’t rise above focusing on their short-term narrow needs have little ability to meet the needs of others.
Explainer: What You Should Know About NAFTA
September 30, 2016 | Post
Here is what you should know about NAFTA, the perennially controversial trade agreement
All I Wanted Was Some Skittles
May 30, 2016 | Post
You know, some Skittles would be really good about now. Lunch was over and I wanted something sweet, Skittles specifically, as I’ve rediscovered a taste for them during my daughter’s last few “go to work with dad” days. I grabbed a dollar and walked over to the bookstore. The Skittles rang up…$1.04. The last few […]