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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Dan Ikenson. Show all posts

Tuesday, January 21, 2014

Quote of the Day: Trade is Not a Scoreboard

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We need to do better a job explaining how trade does not lend itself to sports metaphors. Exports are not our “points.” Imports are not “t...

Friday, June 15, 2012

Quote of the Day: Global Competition is the 21st Century Reality

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instead of pursuing a 20th century trade policy model that seeks to secure market-access advantages for certain producers, policy should ...

Thursday, March 15, 2012

How Foreign Trade Restrictions Obstructs Economic Growth

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In discussing the official complaint filed by the US at the World Trade Organization (WTO) against China’s rare earth export restrictions, C...

Friday, August 12, 2011

Despite Globalization, US Still a ‘Closed’ Economy

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Some important figures from Cato’s Dan Ikenson -Despite globalization, the U.S. economy “actually remains relatively closed.” (By “rela...

Saturday, January 08, 2011

10 Economic Reasons Why Trade Is Beneficial

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Cato’s Dan Ikenson improves on U.S. Chamber of Commerce John Murphy’s list of the top 10 reasons why trade is good trade for America. Belo...

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