America suffers from economic nationalism

One of the biggest political upheavals in America over recent years has been a resurgence in economic nationalism. Given the amount of regulation with which it is burdened, America’s economy can hardly be described as laissez-faire. Continue Reading...

Against trade wars as class wars

Debates between free-traders and protectionists routinely devolve into competing variations of class warfare – each claiming the cause of the “common man” against a wealthy and entrenched elite. Whereas protectionists argue that trade liberalization primarily benefits the rich, displacing disproportionate numbers of working-class employees, free-traders rush to the defense of working-class consumers, whose pocketbooks are undoubtedly harmed by tariffs and restrictions. Continue Reading...