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Tag Archives: international trade

Colin Grabow on the Jones Act

Colin Grabow on the Jones Act

Posted on April 25, 2023 by Tony Lima

Colin Grabow (@cpgrabow) and Scott Lincicome (@scottlincicome) are two must-follows on Twitter on the subject of international trade. Here’s Colin’s latest Twitter thread on the Jones Act. Continue Reading →

Posted in Economic policy | Tagged featured, Grabow, international trade, Jones Act

Navarro Debunked

Posted on June 26, 2019 by Tony Lima

Over the last few months, Peter Navarro has been released from his cave and is once again promoting Neanderthal economics in print and on the airwaves.  Continue Reading →

Posted in Current issues, Economic policy | Tagged featured, international trade, trade

Ricardo’s Difficult Idea

Posted on September 30, 2018 by Tony Lima

Paul Krugman used to be a terrific economist. One of his lesser-known essays is about David Ricardo and comparative advantage. The essay is still available on the MIT website. I’ve included a pdf version below. This article is about Ricardo’s difficult idea — comparative advantage. Continue Reading →

Posted in Economic basics | Tagged comparative advantage, featured, international trade, Krugman, ricardo, trade

Learning Economics With Video

Posted on September 17, 2016 by Tony Lima

For future reference, this is also a page under the Learning tab. I’ve recently finished two lengthy projects for Pearson Higher Educational Publishing. Textbook links are to Amazon.com. The textbooks Continue Reading →

Posted in Economic basics | Tagged contract curve, economics, Edgeworth box, exchange, featured, international trade, learning economics, prospect theory, quota, tariff

Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Websites I Like and Use

  • Political Calculations
  • Dan Mitchell's Analysis of Tax Issues
  • Federal Reserve Bank of St. Louis
  • Federal Reserve Bank of Boston
  • Federal Deposit Insurance Corporation
  • Board of Governors of the Federal Reserve System
  • Federal Reserve Bank of Minneapolis
  • California Pension Tracker

My Other Blogs

  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan
  • My musings about technology and strategy

GonzoEcon History

Recent Posts

  • Berkley’s Natural Gas Ban Will Cost Consumers
  • Berkeley Bans Natural Gas
  • Ryan Bourne on the Minimum Wage
  • Treasury Markets Roiled by Inflation Fears
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  • Berkley’s Natural Gas Ban Will Cost Consumers August 4, 2026
    Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →
    Tony Lima
  • Berkeley Bans Natural Gas August 4, 2026
    It’s the ultimate NIMBYism to adopt a plan that will increase overall statewide emissions, continue to outsource a major part of greenhouse gas emissions to another city, and reduce your city’s GHG emissions by a trivial amount. Continue Reading →
    Tony Lima
  • Ryan Bourne on the Minimum Wage July 15, 2026
    Periodically, some politician decides that we need a shiny new minimum wage. Yes, their proposals always move in the same direction: higher. Continue Reading →
    Tony Lima
  • Treasury Markets Roiled by Inflation Fears June 13, 2026
    Zerohedge was the first report of this I saw. The 30 year Treasury bond auction June 10 was as close as we’ve come to a failed auction. Continue Reading →
    Tony Lima
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