Tag Archives: Free Trade

The Fruits of Free-Trade

Posted on July 14, 2019 by macromon

Snapped this tonight hoping and praying the liberal trading order doesn’t collapse in the next few years.  My real income — purchasing power — is much higher due to trade with other nations. I also get the satisfaction of, say, … Continue reading →

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The Case For Free Trade

Posted on May 11, 2019 by macromon

The Marxists and Socialists are winning the day, folks.   Apologies for the simpleton buzzwords but they are all the rage these days. The escalation of the trade war is bad, bad, bad news and could if we are not careful, … Continue reading →

Posted in China, Economics, Trade War, Uncategorized | Tagged , , , | 2 Comments

QOTD: Free Trade, Please…

Posted on February 28, 2019 by macromon

  The only policy that left- and right-wing populists can agree on to address economic decline is trade protectionism, which will make the world poorer.  A new type of populism that puts more trust in local communities may well have … Continue reading →

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The Free Trade Debate: Markets Losing Patience

Posted on December 7, 2018 by macromon

I bought of very nice pair of denim jeans the other night for $9.00.   When I was in grad school just a few decades ago, I paid $26.00 for a pair of lesser quality.  That is about $62.00 in 2018 … Continue reading →

Posted in Economics, Trade War, Uncategorized | Tagged , , , | 4 Comments

How President Reagan Tried To Help The Steelworkers

Posted on March 2, 2018 by macromon

In general, trade benefits the great majority of the population by increasing real incomes, and creates many more jobs than it destroys, but a small minority become  losers from increased trade.  The winners should, or have a duty to compensate … Continue reading →

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“Good Trump” Catapults Dow To 20K As “Bad Trump” Lurks

Posted on January 25, 2017 by macromon

Party on, Garth! The Dow crossed 20k as the market perceives accelerated future profit growth from the “Good Trump” policies – deregulation, etc. – and traders surf the Keystone pipeline to higher prices.   The momentum will continue until it … Continue reading →

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The Election of Donald Trump, the Electoral College, Free Trade and Globalization

Posted on December 13, 2016 by macromon

We have a little interesting story to tell you, but first some substance and background. The 2016 U.S. Presidential Election Donald Trump won the Presidency and Electoral College, 306-232, by picking off three of the traditional Blue States – Michigan, … Continue reading →

Posted in Economics, Energy, Politics | Tagged , , , , , | 2 Comments