Free Trade’s Origin Myth
American elites accepted the economic theory of “comparative advantage” mainly because it justified their geopolitical agenda.
American elites accepted the economic theory of “comparative advantage” mainly because it justified their geopolitical agenda.
We are winning only because our logic is inescapable and the quality of our work undeniable.
The masculinity crisis is serious but most solutions on offer are not
Demography may be destiny, but its party affiliation is not
Conservatives should bring supply-side thinking to issues beyond business investment
Boosting American investment and production when tax cuts will not
Conservatives should favor limited government, not reflexive tax cuts
Support America’s farmers, but not with subsidies
Reagan convinced workers to care about business, but who will teach business owners that labor matters too?
Turning the American citizen into “The Consumer”
Surveying the wreckage from Wall Street’s collision with emergency services
The inside story of the trade negotiation that changed the world
A more productive conversation about raising workers’ wages
On plotting the progress of a paradigm shift
“Bad competitiveness” results in weakening demand, which either reduces global production or requires surging debt to maintain demand and production at its existing level. Perhaps that rings a bell, because it is the world we live in.
After decades of intensive effort and investment to create an equitable education system, not least for girls and women, the nation finds itself with a peculiar predicament: It is boys who are falling behind furthest and fastest.
America grew wealthy not from free trade, but behind some of the world’s most imposing protectionist barriers. In fact, the principal tradition of free trade one finds in American history was born in the Confederate South.
The conflict between responsibilities at home and at work is largely the result of economic transitions to which we still—nearly a century after industrialization and 50 years into the modern feminist movement—have not adequately responded.
As we are belatedly coming to realize, online territory must be regulated—by people, not merely by economic laws or algorithms—but we have no idea how or by whom.
For noncollege pathways to be viable, policymakers must reduce employers’ needless demand for college degrees.
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