"The economists all agree tariffs are terrible!" And perhaps they do—or at least most of them do. Barriers to free and unfettered trade may well appear "inefficient" as a matter of an economic model's ...
President Donald Trump is threatening steep tariffs on virtually all imports. Here’s what that means and what economics ...
Trump's new taxes may reduce the spending power of American consumers, but that is not a president's only concern. He also ...
It was the best of times, it was the worst of times.” Charles Dicken’s prescient assessment of the French Revolution fits the ...
Stocks plunged Thursday morning as U.S. trading opened for the first time after President Trump’s announcement of heavy ...
Worse still, tariffs also crimp economic growth by creating “deadweight loss", as demand is skewed towards domestic companies even when they are less efficient. As a consequence, resources are ...
Whenever the subject of trade comes up, many right-leaning free traders and left-leaning neoliberals alike trot out the same ...
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