RECOMMENDED READING
Policy Brief: The Global Tariff
Policy Brief: The Market Access Charge
Policy Brief: The Import Certificate

In 2007, a Swiss newspaper asked former Federal Reserve chair Alan Greenspan whom he predicted would be elected president the following year. He dismissed the question out of hand: “It hardly makes any difference who will be the next president. The world is governed by market forces.”

It was an odd remark coming from a man appointed by the president of the United States. And yet it contained a remarkable truth.

For more than two decades, a bipartisan collection of politicians, academics, business leaders and policy “experts”—call them the “Uniparty”—devoted much of its energy to fighting for, and later defending, an unquestioning commitment to the free flow of people, goods and capital around the world. So closely synced were the bipartisan coconspirators that their arguments and talking points were virtually indistinguishable. On trading freely and ignoring borders, there was no daylight between Democrats and Republicans, no debate. It hardly mattered who would be president; both nominees desired a world governed by markets, not the people.

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Wells King
Wells King is the research director at American Compass.
@wellscking
Recommended Reading
Policy Brief: The Global Tariff

Levy a tariff on all imports that rises until trade is balanced

Policy Brief: The Market Access Charge

Make American goods more attractive to foreigners than American assets

Policy Brief: The Import Certificate

Balance trade by requiring importers to purchase credits from exporters.