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1. Foisting 19th century trade policy on our modern world is simply wrong

   Anyone trying to understand or explain the Trump administration’s international trade policy is often forced to conclude that his focus on trade deficits and domestic production is really an expression of mercantilism—a trade philosophy ...

2. In the evolving trade debacle with the U.S, Ottawa must act

   The outlook for ongoing NAFTA negotiations grows dimmer by the day, notwithstanding the conciliatory statement by Mexico’s new president, Andres Manuel Lopez Obrador (known colloquially as AMLO). In a recent interview after exit polling ...

3. Canada, Trump and tariffs—a counterproductive and self-defeating quarrel

   President Trump’s recent actions have drawn widespread media attention to tariffs. Economic science provides an effective means of discerning the implications amid the hyperbole and rhetoric. Earlier this year, the Trump administration ...

4. The end of Trump-whispering

   I wrote in January about how economists, apart from warning about the consequences, don’t have an awful lot to say about how best to fight a trade war. Adam Smith himself wrote that such wars were a situation in which policy be left to ...

5. All our trade doors look unattractive now

   I’ve been reading a new paper by Oxford economic historian Kevin O’Rourke called Two Great Trade Collapses: The Interwar Period & Great Recession Compared, a title that, unlike many academic titles, pretty much catches what the paper ...