'The Only Winner Is the Government,' Says American Bow Tie CEO Facing Higher Tariff Costs
Scenes from a trade war.
Globalization
The Trade War Is Eroding America's Soft Power
The debate over free trade should include more than the costs of Trump's tariffs versus the value of cheaper stuff.
Gary Winslett: The American Dream Has Migrated South
Middlebury professor Gary Winslett argues the South—not China—poached the Rust Belt’s manufacturing base by out-competing it on policy.
The U.K. Trade Deal Screws American Consumers
Residents of the United Kingdom will get lower tariffs, while Americans are stuck paying higher ones.
These Ceramic Tiles in Spain and Portugal Tell the Story of Globalization
Azulejos remind us that globalization has been shaping art, politics, and culture for centuries.
The Best of Reason: Trump's Dramatic Crossroads Between Protectionism and Dynamism
The GOP faces a choice about how to move forward.
Trump's Dramatic Crossroads Between Protectionism and Dynamism
The GOP faces a choice about how to move forward.
Can Ultimate Frisbee Heal the Middle East?
The spread of Ultimate Frisbee testifies to a kind of Western soft power in the Middle East, one far friendlier than bombs or bullets.
The Best of Reason: Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
You Don't Beat China by Copying China
Xi Jinping’s neo-mercantilist policies are destructive, not productive.
No, Trump-Style Tariffs Do Not Grow the Economy
The America of the past grew in spite of tariffs, not because of them.
My New Cato Institute Article Making the "Cosmopolitan Case Against World Government"
It is part of Cato's Defending Globalization series.
Is Chinese Garlic a Threat to National Security?
Plus, an AI-generated recipe for garlic lovers' shrimp scampi
Trump and Biden Both Get Globalization Wrong
Free trade brings us more stuff at lower prices.
The Political Right Has Luxury Beliefs, Too
Support for industrial policy and protectionism are supposed to help the working class. Instead, these ideas elevate the already privileged.
Biden's Proposed Corporate Tax Hike Will Punish the Average American
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
The Best of Reason: The Post-Neoliberalism Moment
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
The Post-Neoliberalism Moment
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
Both Parties Agree: It's the Government's Business Whether You Invest in Chinese Companies
Some, like Rep. Patrick McHenry (R–N.C.), advocate a more measured approach.
Johan Norberg: Why We Need a Capitalist Manifesto
Q&A with the author of the book Elon Musk calls "an excellent explanation of why capitalism is not just successful, but morally right."
Despite the Doomsday Narrative, Global Inequality Has Significantly Declined
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
Industrial Policy Isn't About Creating Jobs
It's a short-sighted approach that distracts us from the more important question.
Debate: The E.U. Was a Mistake
Are the plausible alternatives to continental governance any better?
Politicians Use Subsidies To Squeeze Semiconductor Manufacturers
When politicians manipulate industry, the public pays the price.
You Can Eat Better Than King Henry VIII, Thanks to Globalization and Burger King
Thanks to globalization, we plebes can pay just $6.49 for a whole Whopper meal fit for a 16th-century king.
The Case for 50 Percent Open Borders
A call for restricting immigration in The Culture Transplant accidentally makes the case for radical liberalization.
Goodbye, Globalization?
As American politicians turn against economic openness, history suggests the consequences could be dire.
Globalization Is Alive, Well, and Changing
America can join with more free trade or it can miss out.
Trade Restrictions on Oysters Get Shucked
After more than a decade on ice, trade in shellfish between the European Union and the United States is about to pick up steam.
Where's My Stuff?
Supply chains are struggling, but they're not as fragile as you think.
Roger Pielke Jr.: We Are Successfully Adapting To Climate Change
The findings of the newest IPCC report on the future of the planet—called a "code red" for humanity—have been wildly distorted.
The Plutocrats, the People, and the Globalization of World Soccer
It's good to be reminded that, sometimes, greed and venality do not carry the day in the global marketplace
Why Does Janet Yellen Suddenly Sound Like Trump on Trade?
In comments to The New York Times Magazine published this week, the new treasury secretary says free trade has been "so negative" for "a large share of the population." That's just wrong.
The Next Pandemic Will Be Caused by the National Debt. It Will Crater the Economy.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
Sen. Josh Hawley's Plan To Abolish the World Trade Organization Is Based on Fake Economics and False History
Hawley is charting the next path for the Trump-style anti-trade nationalism that has infected the Republican Party.
There Is No China Crisis
Unless we cause one by overreacting to Asia's changing political and economic landscape
Secondhand
Adam Minter's book reminds us that a lot of "value is created when less affluent people are given the opportunity to parse the goods of the wasteful affluent."
Trump Says Tariffs Are Driving American Businesses Out of China. Actually, 87 Percent Plan To Stay.
Foreign investment in China has not declined since the start of the trade war, either. In fact, it continues to grow.
Biden Says He Supports the Trans-Pacific Partnership, And Also Does Not Support the Trans-Pacific Partnership
Is he trying to find a middle ground as Dems divide on trade? Or is he just talking gibberish?
Elizabeth Warren Hates Your Cheap Foreign-Made Electric Guitar
The Mexican factories Warren loves to attack are putting damn good guitars in the hands of America's young and cash-strapped musicians.
The Nationalist Right Is Wrong: More Immigration Doesn't Reduce Wages
The reason: Immigrants help increase labor demand as well as labor supply.
Understanding the Failure of 'Globalism' Is Key to Understanding Donald Trump's Appeal
Us vs. Them author Ian Bremmer says that worldwide populism is a response from people who are being left behind economically.
Paying Too Much for Natural Gas? Thank the Jones Act.
The federal law protecting the shipping industry from competition strikes again.
The New NAFTA Is Exporting the Same Old Bad Habits
Protectionist policies produce negative results.
