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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

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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“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.”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

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    • Controversy About the October CPI November 26, 2023
      Did the health insurance component of the CPI really fall 34% between October 2022 and October 2023? That led me to a CPI controversy. Continue Reading →
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      Reducing the deficit to zero in 10 years will raise the debt to $43 trillion. And 8% real GDP per capita growth is the Gaetz recession. Continue Reading →
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      I looked for price and cost. Costco sells 1 oz bars from Rand Refinery for $1,949.99. JM Bullion sells an equivalent for $1,874.81. Continue Reading →
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