Free Trade/ Foreign Investment · The best of Pat Buchanan

Did Tariffs Make America Great?

By Patrick J. Buchanan, July 27, 2018: “Make America Great Again!” will, given the astonishing victory it produced for Donald Trump, be recorded among the most successful slogans in political history. Yet it raises a question: How did America first become the world’s greatest economic power? In 1998, in “The Great Betrayal: How American Sovereignty… Continue reading Did Tariffs Make America Great?

Aussie Nationalist Landmark Posts · Economic issues

Capitalism and Socialism: The Trade Off

Increasingly, there are two camps that dominate politicised economic discussions. On one side are socialists that decry capitalism’s corruptibility, and purport to favour a people based economic approach. On the other are Right-Liberals, who gloat over socialist failures, and purport to favour a freedom based economic approach. But outside of this narrowly constructed framework, there exists an… Continue reading Capitalism and Socialism: The Trade Off

Free Trade/ Foreign Investment

Pat Buchanan’s defence of protectionism

While written a few weeks ago, Pat Buchanan’s response to President Trump’s tariffs are equally relevant to US trade policy, and the topic of protectionism more broadly. While I recommend reading the entire piece, Buchanan’s primary arguments can be summarised as: “Production comes before consumption. Who consumes the apples is less important than who owns… Continue reading Pat Buchanan’s defence of protectionism

Free Trade/ Foreign Investment

There is no such thing as free trade

In the eyes of many free trade advocates, retreats to protectionism are common precursors to inter- state conflict. While this narrative is problematic when considering the strong correlation between anti- militiary interventionists and anti- free traders, it should also be understood that protectionist measures can be a means of exerting diplomatic pressure, to avoid military conflict. Evidently,… Continue reading There is no such thing as free trade

Free Trade/ Foreign Investment · The Donald Trump Presidency

Economic nationalism works

Scoffing at the concept of an America First President, President Obama once publicly ridiculed then candidate Trump in asking: ‘What magic wand do you have?’ Since then President Obama and his legacy has been turfed out, in place of a new nationalist order which places American workers and economic concerns first. In fairness to the… Continue reading Economic nationalism works

Free Trade/ Foreign Investment

My Orange Juice Came From Brazil

With comparative advantage increasingly diminished amid technological trends, one of the more historically important cases for free trade appears on the wane. Thus, national trade and industries are more and more about trans- national competition, and this is why modern economic protectionism is a furmost patriotic duty. First Things, Robert Cummins, May 1, 2017: A couple… Continue reading My Orange Juice Came From Brazil

Aussie Nationalist Landmark Posts · Nationalist/ Tribalist themes

Why we should put Australia first

After seismic waves of right wing populism have swept across the Western world, now appears a good time to replicate the same here. So while One Nation has experienced a controversy- laden rise in the polls, the time has come more generally for Australian people and politicians alike to put their own citizens first, and for an ‘Australia First’ ideology to… Continue reading Why we should put Australia first

Free Trade/ Foreign Investment · Malcolm Turnbull

Trade is about more than jobs

Despite Donald Trump withdrawing from the TPP via executive order, Malcolm Turnbull has desperately attempted to salvage the trade deal. At one point, Turnbull even proposed that China could join the TPP, before Japan slapped down this foolish suggestion. In arguing for a revised TPP, Malcolm Turnbull has repeatedly justified these attempts with claims that a… Continue reading Trade is about more than jobs

Aussie Nationalist Landmark Posts · European Union · Free Trade/ Foreign Investment

The underpinning feature of free trade

With the creation of the European Economic Community (EEC) in 1958, Europe took its first steps towards creating a single common market. Following the worst bloodbath in human history, the logic appeared simple enough: European nations were hoped to engage in trade together through this economic community, in order to avoid future conflict. This was a noble concept at… Continue reading The underpinning feature of free trade

Free Trade/ Foreign Investment

Holden builds its last engine

One of the last remnants of Australian car production has been terminated, after Holden ended its 68 years of engine manufacturing in Australia. Reportedly, the company has stockpiled V6 engines so it can continue to assemble vehicles in its plant near Adelaide, before this too closes next year. Once this occurs, the final nail in the coffin… Continue reading Holden builds its last engine

Free Trade/ Foreign Investment · The best of Pat Buchanan

An ‘America First’ Trump Trade Policy

A sound argument from Pat Buchanan defending a protectionist trade policy. Perhaps something similar could be pursued here also. “An ‘America First’ Trump Trade Policy”, buchanan.org, November 26, 2016: Donald Trump’s election triumph is among the more astonishing in history. Yet if he wishes to become the father of a new “America First” majority party,… Continue reading An ‘America First’ Trump Trade Policy

Free Trade/ Foreign Investment

Why I reject the idea of free trade

While the 21st century has largely seen a worldwide push towards economic globalisation, the recent emergence of alternative ideas bucked this trend. As among the populist American revolt led by Donald Trump, the Brexit uprising, Pauline Hanson’s recent electoral successes as well as the heightening popularity of both Marine Le Pen and Geert Wilders, these figures all shared in common varying… Continue reading Why I reject the idea of free trade

Donald Trump/ Hillary Clinton · The best of Pat Buchanan

Buchanan on free trade

An interesting perspective on the impact that free trade has had on the United States, particularly given its importance in the meteoric political rise of Donald J. Trump. “Trump is right on Trade”, Pat Buchanan, February 19 2016: Republican hawks are aflutter today over China’s installation of anti-aircraft missiles on Woody Island in the South… Continue reading Buchanan on free trade