
TGIF: Free Exchange Is Win-Win
• by Sheldon RichmanWith the possible exception of the political class and its cronies, most of us would be healthier, wealthier, happier, and freer if the public knew how to engage in "the economic way of thinking."
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With the possible exception of the political class and its cronies, most of us would be healthier, wealthier, happier, and freer if the public knew how to engage in "the economic way of thinking."
The gap in goods and services trade grew 22.3% to $109.8 billion..
Americans spend huge sums on imports, but exports lag behind
China is in and the US is out of a 15-nation trade deal that's bigger than the EU and NAFTA (now USMCA).
After explaining how China undermined the American steel industry, destroying productivity and jobs, while citing semiconductors as the next target for state-directed development (benefitted, undoubtedly, by all the technology they can steal).
Peak shipping season is underway, and container ships anchored off California are on the verge of record congestion.
The contested Taiwan Strait has never been explicitly mentioned in a G-7 summit statement...
Another month, another blowout trade report from China.
Who exactly is it that has been threatening the sea lanes?