Tools to Enlighten
ANALYSIS and OPINION Most students of internationnal business learned long ago that tariffs are an idea generally frowned upon by the father of free market capitalism and free trade, Adam Smith and his chief disciple David Ricardo. This is because they not only cause people to pay higher prices than if there were no Read More …
[ANALYSIS AND OPINION] It’s been six months since Trump took office. On the economic front it’s difficult to gauge Trump’s performance simply because of his off and on approach to tariffs. One thing is clear. Congress has generally let Trump have his way on both the economy. The same is true with respect to foreign Read More …
[ANALYSIS and OPINION] 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 Read More …