trade

We remain the only country actually cutting our own economic throat in the name of “climate change.”

Biden’s deconstruction of America has hit nearly every aspect of human existence. One of the most devastating Biden deconstructions – is of the US supply chain.

US-EU trade talks are already stalled over agriculture issues. And yet the European Union’s new “Farm to Fork” strategy doubles down on the EU’s contentious agricultural regulations.

By most measures of income, yes, but income does not account for the cost of living. 

A new paper forthcoming in the journal American Economic Review: Insights estimates the effect of trade with China on American consumers and shows us what we stand to lose if we don’t end the trade war.

That socialism as an idea could survive hundreds of years — even back to the ancient world — is a tribute to the capacity of the human mind to imagine it can create that which reality will forever decline to make possible.

Donny Kendal and John Nothdurft are joined by Justin Haskins in episode #144 of the In The Tank Podcast. Today’s podcast features work from The Heritage Foundation, the Cato Institute, the Manhattan Institute, and the Tax Foundation.

President Trump fired the opening salvo in a trade war—reminiscent of the 1930s trade war from the Smoot-Hawley Act, which prolonged the Great Depression—when he announced he will impose tariffs of 25% and 10% on imported steel and aluminum.

What do Democrats plan to do with the tariff economy they themselves helped create?

What if Republicans were to recklessly cut tax rates? Would the economy grow or lose in the long run?

Adam Smith’s central contribution to economic understanding was surely his demonstration that under an institutional arrangement of individual liberty, property rights, and voluntary exchange the self-interested conduct of market participants could be shown to be consistent with a general betterment of the human condition.

Not too surprisingly, for over two hundred and fifty years these ideas of Hume’s have both been highly controversial in philosophy, yet immensely influential across many social and scientific disciplines.

To wit: Unless I am mistaken, the Platform has called for the abolition of the Department of Education every cycle since the abomination’s 1979 creation by President Jimmy Carter (as a payoff to teachers unions for helping get him elected). Yet there the DoE still stands – bigger and worse than ever. A monument to terrible government policy and overreach – and GOP fecklessness. Heck, the GOP has contributed to its growth almost as much as have the Democrats.