The Fraser Institute motto is a constant reminder of the importance of measuring the effect of government policy interventions on people’s lives.
For much of the post-World War II period, the U.S. auto industry had an effective oligopoly on U.S. sales—quality plummeted and prices soared.
Various interest groups are certain to challenge an approved Keystone XL in local, state and federal courts.
The U.S. is considering an import tax, of sorts, that would make U.S. exports more profitable and make imports to the U.S. more expensive.
Some of Trump’s pledges could increase the competitiveness gap between the U.S. and Canada, particularly on taxes.
Ironically, when it comes to imported goods, Trump’s concern seems to be that prices are too low.
When any government taxes or restricts trade, it makes both sides worse off.
Most trading partners of the U.S., including Canada, employ some sort of national consumption-based value added tax.