Creating a long list of the familiar flaws in protectionists’ thinking is easy. Protectionists don’t realize that, although trade ‘destroys’…

Are President Trump’s tariffs proving that two and a half centuries of economic analysis exaggerated the virtues of free trade?…

Rare is the day that passes during which I don’t, at least once (and usually more than once), say to…

Donald Trump is famously hostile to US trade deficits. He believes not only that these deficits harm the US economy,…

Just as an all-powerful monarch dictates what his subjects may and may not do — and just as no subject…

Despite being a proud member of the University of Virginia School of Law Class of 1992, I’m an economist, not…

Over the years, I — like all defenders of free trade — have had countless conversations with protectionists who are…

The Great Depression formally began in August 1929, two months before Black Tuesday. Initially, the economic downturn that began late…

No notion in economics is responsible for more misunderstanding and misguided government policies than that of the “balance of trade”…

What do the following three dates have in common with each other? 1975. January 1, 1994. December 11, 2001. Think…