by jpitney | Mar 4, 2021 | Economic Policy, Trade
Phil Gramm and Pat Toomey at WSJ: While manufacturing jobs declined from 32% of total employment in 1953 to 8.7% in 2015, manufacturing as a share of real gross domestic product has remained virtually constant due to increases in productivity. As Mr. Trump found when...
by jpitney | Nov 16, 2020 | China, Trade
Keith Bradsher and Ana Swanson at NY Times: After eight years of talks, China and 14 other nations from Japan to New Zealand to Myanmar on Sunday formally signed one of the world’s largest regional free trade agreements, a pact shaped by Beijing partly as a...
by jpitney | Apr 30, 2020 | Coronavirus, Trade
From Americans for Free Trade:
by jpitney | Apr 21, 2020 | Economic Policy, Trade
During the crisis, some are saying that we should not rely on foreign countries in our supply chains. That notion is chimerical. Borrowing from a classic essay by Leonard Read, Milton Friedman once explained why it took thousands of people around the world to make a...
