Tag: tariffs
Why 2018 Federal Tax Collections Rose Even Though Corporate Tax Revenue Fell

Together, faster economic growth and increased numbers of Americans earning higher incomes led to increased individual tax collections.

Tariffs Cause Americans to Accept Inferior Deals

Tariffs make superior offers less desirable for buyers by making them more costly.

Tariffs Remove Options and Necessarily Reduce Economic Well-Being

You simply can’t make people better off by removing options from them.

Government Obstructions on Importation and Immigration Are Parallel Forms of Plunder

Two cases of government obstructions at the border.

The Truth about Turkey

Mounting debt and rising inflation are driving Turkey’s financial crisis.

The Delusion of a Win-Win Trade War

The only way to win a trade war is not to fight one.

Two-way Trade in the “Same” Commodity

Government interference neglects the nuance of trade.

I Hope Russia Wins

We’re not talking about the World Cup here, but Russia’s challenge to Trump’s steel and aluminum tariffs.

Trade Wars Put Prosperity in the Cross Hairs

Whatever his latest rhetoric, Trump has helped show that—just as economists feared—the idiocy of trade protectionism is contagious.

The EU’s Thousands of Senseless Tariffs Simply Serve to Punish the Poor

My report A Trade Policy for a Brexited Britain, published by the Institute of Economic Affairs last month, had a short section on EU tariffs. I gave the example of how in October last year EU tariffs on orange imports were quintupled from 3.2 percent to 16 percent. This example has been challenged by...
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