Protectionism and Industrial Policy

by | Oct 5, 2024 | Economic Policy, Trade

Nathan Gardels at Noema: For all these divergent industrial strategies to succeed in the end depends largely on whether sustained nation-building investment outstrips the duration of protective measures that ought to be only a temporary respite from asymmetrical...

The Cost of Protectionism

by | 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...