Tariffs v. Free Trade: Is Trump Right?

Are tariffs a good idea?  Here are some basics: Below are some rough notes taken from the short video for this post: Free trade policies are designed to increase the trade of goods and services between countries. Tariff’s which are really taxes on imports make the prices of the goods that are the subject of Read More …

FINANCE MACRO ECONOMICS & INTERNATIONAL BUSINESS VIDEOS

  Below are links to various videos we’ve done going back to 2017 concerning the fields of:   Finance Economics (Macro) International Business   OTHER RELATED VIDEOS OF INTEREST   Videos on Interest Rates and Monetary Policy were updated as follows:   The Fed Interest Rates GDP 08-31-19 Youtube https://youtu.be/GMyIX5idBH8     The Fed Interest Read More …

Chat GPT: Danger and Disruption

[OPINION, ANALYSIS and FUN.]   NOTES   Aside from perhaps the war in Ukraine and the classified document issues facing Trump, Biden and Pence etc., the biggest thing in the news is probably the artificial intelligence program ChatGPT which is now being made widely available to the general public.  ChatGPT is, of course, can do Read More …

SHATTERED IDEALS: REAL POLITICS

[Analysis and Opinion.]   Time is precious, especially in a world that moves faster and faster.   We’ve posted several early videos extolling the virtues of free trade and the World Trade Organization (WTO).  Over and over we’ve talked about how inter-related all countries are in what is a World economy.  However, given recent events Read More …

SURVIVING WORLD CRISES, BEST PHILOSOPHICAL APPROACH

The world is in crisis. Discusses the rationale for fact-based problem solving decision making and the need to subordinate the historical philosophies and ideological viewpoints of the past. Read More …

World Trade Organization: Down the Toilet?

The World Trade Organization was established to promote international trade and crucially, to provide a forum where trade disputes between nations could be peacefully resolved. Its organization and the rules that it implements were painstakingly negotiated over many years by hundreds of countries. Read More …

MONETARY POLICY: Second Thoughts About Inflation

    AUGUST 18, 2019     We have wanted to supplement our Fiscal Policy and Monetary Policy (the Fed Interest Rates and GDP) videos for quite some time.  Unfortunately, we’ve been pressed to handle other matters.  Below Is generally where we are headed with that video.   We are hastening to do this because Read More …

FREE TRADE v TARIFFS: Ricardo’s Comparative Advantage

Video about David Ricardo’s theory of Comparative Advantage. Discussion lead by David Dixon Lentz Read More …

FREE TRADE and RICARDO’s COMPARATIVE ADVANTAGE

Please see the basic, hopefully educational video by David Dixon Lentz (or, as he prefers just David Lentz) above. It is intended to accurately convey information and/or theories which, we believe are either readily accepted as being valid by accredited colleges and universities and/or have an objective rational basis that justifies further investigation by those Read More …

Free Trade, Protectionism and Jobs

What is all this talk about backing out of trade deals? Are trade deals and free trade good or bad? What about long term trade deficits? Will they ultimately destroy the US Economy? Does free trade contribute to a widening wage and wealth gap? Who is the World Trade Organization and is it ultimately beneficial Read More …