Further to my critique in July, it is proper to refute some of the key contentions which sustain free trade ideology. These arguments–and their flaws–could be considered as follows. Free trade means better prices for consumers Free trade with poorer countries in Asia, Africa and Latin America is desirable, we are advised, because it reduces… Continue reading Free trade revisited
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?
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
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