A Brief History of Tariffs and Stock Market Crises
Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs don‘t bring is prosperity.
Protectionism and Free Trade
Exchange is Not a Zero-Sum Game
One of the oldest and most harmful economic fallacies is the belief that, at best, economic exchange is a zero-sum activity. However, free exchange in an unhampered market is always positive.
Clarifying Economists’ Arguments About International Trade
Bob discusses common talking points that pro-free-trade economists often use when making the case against tariffs.