tariffs

the-busy-of-port-congestion-loading-and-discharging-containers-services-in-maritime-transports-in-world-wide-logistics-stockpack-adobe-stock
The busy of port congestion loading and discharging  containers services in maritime transports in World wide logistics

Rationalizing Tariffs

Economic Nationalism tends to boil down into two basic policies: tariffs, and limited immigration. Sometimes, in the past, it has meant currency devaluations, but today that is not really proposed. On a broader basis, it means that economic policy should result in positive outcomes, for the whole of the population. Read More ›
Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

Edging Closer to a Trade Deal

The United States and China are edging closer to finalizing a trade deal that should end the tariff penalties that are at the heart of a year-old trade war. It’s also hoped that the deal will include enforcement and penalties for China’s national security-related intellectual property (IP) theft and espionage, and provide structural changes that would end forced technology transfer and protect trade Read More ›

How to Forecast the Economy

Knowing that I am an economist, friends and acquaintances frequently ask me, “What is going to happen with the economy?” If I say with great assurance, “Inflation will rise 0.3 percent, unemployment will fall 0.6 percent, and economic growth will increase by 3.2 percent,” they will walk away happy, believing they know something others do not. Or, I can be Read More ›