Trump’s base will be hurt the most by his wealth-destroying and punitive trade policy.
This thought experiment will help you wrap your head around the inanity of Trump’s trade policies.
Donald Trump is a protectionist like many other politicians, save that he unfurls his vast economic ignorance more fully and more proudly than do more seasoned politicians. I’ve more questions for Trump and his fans, and, indeed, for protectionists of all stripes, colors, and temperaments. Such as…. – If you buy your tomatoes and okra […]
In this previous post I wrote that “[t]here is yet a deeper economic fallacy that infects Mr. Krugman’s recent defense of mercantilism – a problem that I hope to blog on soon.” What follows is that promised blog post. Mr. Krugman’s most-recent defense of mercantilism boils down to the assertion that the case for free trade […]