Tools to Enlighten
[ANALYSIS and OPINION] We apologize if this page seems to go in several directions at once. This page was originally posted in April 13, 2025, just as President Trump has implemented a revolutionary system of astronomically high tariffs applicable to U.S. imports. Originally it dealt with tariffs, the need to raise wages to overcome inflation Read More …
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 …
The genesis of free trade theory in many ways starts with the man many consider to be the Father of Capitalism, Adam Smith. He addressed the issue several hundred years ago in his famous book “The Wealth of Nations”. There he showed how two countries specializing in producing and trading goods in which they have Read More …