The Trade War Drove American Automaking Jobs to China as Tariffs Stalled U.S. Exports
Further evidence that tariffs simply don't make sense as trade policy. President Joe Biden should take note.
Further evidence that tariffs simply don't make sense as trade policy. President Joe Biden should take note.
Five reasons why Trump's trade war didn't go the way he thought it would.
Staying isolated from family and friends is wrenchingly difficult, even when it’s the right thing to do.
Able to do our jobs from where we please, life for many of us will reflect a bit more of what we want rather than what we have to do to get by.
In a year that will be remembered for a deadly pandemic that shut down parts of the economy and cost millions of people their jobs, here's one silver lining.
If Trump loses his bid for re-election, it will be because Rust Belt voters abandoned him after four years of misguided economic policies.
Occupational licensing rules are more often arbitrary bureaucratic hurdles than they are protections for health or safety.
The net result of turning away foreign labor is greater unemployment—and lower wages—for native-born workers.
Rideshare drivers and delivery people are still going to have to beg voters to let them work.
In November, California voters will decide on Proposition 22, a measure would carve out a contracting exemption for independent drivers.
Lawmakers and courts are trying to force them to put drivers on their payrolls. They're threatening to take a freeway out of the state entirely.
Officials claim doing business is a revocable “privilege,” but many Americans see it as a right that they’ll exercise with or without licenses and permits.
Even if it's true, taxpayers paid $58,000 for each saved job.
The trendy view of U.S.–China economic engagement lends itself to policy “fixes” that could make things worse, not better, for both the United States and the world.
Finding a steady job is the best way to keep a person from going back to prison or jail. These changes make a lot of sense.
The Occupational Freedom and Opportunity Act "will save thousands of Floridians both time and money for years to come," says Gov. Ron DeSantis.
If Congress extends boosted temporary unemployment benefits into early 2021, nearly five out of every six beneficiaries would be earning more money by not working.
Will changes to how many of us work outlast the pandemic?
"I think a lot of people should just say, 'No. We're not going back to that.'"
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That's a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression.
While the 2017 tax cuts didn't deliver the results promised by Trump and his magical-thinking supporters, the administration has delivered some economic expansion, some job creation, and some investment growth.
American manufacturing has been in a recession for the past year.
Martin Ford and Antony Sammeroff debate the impact of robotics on the economy
Right now, most licensing boards require that the majority of members be from the same licensed profession. It's not difficult to see how that leads to anti-competitive rules.
New York City has failed to zone for enough housing to keep pace with growth.
Last week, The New York Times Editorial Board dismissed those concerns and called for a $15 national wage standard.
That should be fairly obvious to anyone who has been following the news, but a new report from the Federal Reserve provides the empirical evidence.
The law will bar the federal government and its contractors from asking about criminal history in job applications.
The National Museum of American History display recognizes the throngs who helped enable America's westward expansion.
Workers say they've had their hours cut and lost other benefits, such as health insurance. If only someone could have predicted that.
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
The United States-Mexico-Canada Agreement includes a handful of protectionist measures that would likely slow the U.S. economy and harm American automakers.
Forcing future Americans to do manual labor that could be automated isn't "saving" them from job losses. It's trapping them in jobs that could be made more efficient, more productive, and more rewarding.
The trade war should be thought of as a massive tax and regulatory scheme.
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It's not just the cost of the tariffs that are hurting the economy. "The indirect costs are enormous," says one Wisconsin CEO.
Investment in American businesses has fallen sharply since the start of the trade war, and American exports are way down too.
The only way mandatory national service would "unify" the teens of America would be to cause them to loathe the government together.
How Seattle’s $15 minimum wage killed entry-level jobs.
The Congressional Budget Office says 17 million workers will see higher paychecks, but the poorest and least skilled are likely to be left out.
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
If the past is any sort of guide to what comes next, his fears about a jobless economy (and his policy prescriptions to fix it) are completely misplaced.
Making low-skill workers more expensive means getting them replaced by automation.