Trade

Shooting Down the Flying Geese Theory of Trade Share This

Michael Lind | Oct 05, 2020 | Trade

Although neoliberal globalists are often said to be opposed to industrial policy and strategic trade, that is not necessarily true.  Neoliberals of the kind who have dominated U.S. policy under the two Bushes, Bill Clinton and Barack Obama are not orthodox anti-government libertarians.  They support a particular kind of industrial policy, whose emblem is not […]

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Balanced Trade, Robust Industry, and Rising Productivity: Pick All Three Share This

Oren Cass | Jun 10, 2020 | Trade

Re: Failing a Test on Trade

Professor Dan Drezner is again illustrating how we ended up with a misbegotten consensus on globalization built upon inadequate assumptions and shallow analysis. A couple of weeks ago, we encountered him badly mischaracterizing a study about the supposed value of trade liberalization. Breezing past that issue, he is back now with a more outlandish claim, […]

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Time for a Hegelian Synthesis on Trade and Globalization Share This

Rob Atkinson | May 26, 2020 | Trade

German philosopher Hegel postulated that history progresses through thesis, antithesis and then synthesis. Today we are seeing the first two dynamics with trade policy and attitudes towards globalization; we desperately need the third. For over 40 years synthesis meant unbridled support for free trade and globalization. But after failing to deal with the contradictions that […]

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Yes, We Should Care About Huawei Share This

Rachel Bovard | May 20, 2020 | Economics

Re: Oren Cass Is Advising Marco Rubio on How To Not Be President

In a recent Real Clear Markets column, economist John Tamny made the case that Oren Cass’s policy advice is backwards and will result in political doom for, in Tamny’s words, “the hyper emotional Marco Rubio.” The personal invectives against Cass and Rubio (of which there are several) aside, this sentence in Tamny’s piece caught me […]

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Failing a Test on Trade Share This

Oren Cass | May 14, 2020 | Trade

Professor Dan Drezner has been crudely criticizing Senator Josh Hawley’s New York Times op-ed on U.S. withdrawal from the WTO—treating it  “the way one would treat an undergrad paper in global political economy,” awarding a C-minus, and offering the feedback that, “You can do better work than this, Josh. Put in the effort, do more […]

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“TRIM” the WTO, Don’t Abolish It Share This

Marshall Auerback | May 07, 2020 | Trade

It is refreshing to see an increasing number of politicians and pundits from across the political spectrum calling for re-establishing their manufacturing base to address the vulnerabilities exposed in the wake of COVID-19.  The latest is GOP Senator Josh Hawley, calling for the abolition of the World Trade Organization, in a NY Times Op-ed. It […]

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Josh Hawley, the WTO, & the Shifting World Order Share This

Rachel Bovard | May 06, 2020 | Trade

Re: The W.T.O Should Be Abolished (Sen. Hawley, New York Times)

Sen. Josh Hawley recently opined in the New York Times about the need for the US to back out of the World Trade Organization (WTO) and engage the global economy with bilateral trade agreements that better reflect American interests. The piece prompted immediate reactions from groups on the Right. The CATO Institute took issue with […]

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A Note of Introduction Share This

Oren Cass | May 04, 2020 | Announcement

Welcome to American Compass. Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nation’s liberty and prosperity. Many of the most insightful and creative policymakers, researchers, and pundits on the American right-of-center, and some on the left-of-center as well, are dedicating tremendous intellectual energy toward […]

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