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Real Keynesians understand imbalanced trade

…because American income increases. * Import Certficates by a trade deficit country don’t cause a trade war. They tie imports to exports. Any trade-surplus country that tries to counter the

Trade in the national accounts

…in the 4th quarter of 2004. The great recession generated the severe world wide downturn in trade, but US imports are obviously rebounding much more than US exports. If you…

Trade policy debate to begin for mid-term elections?

rdan Trade policy debate begins in Pennsylvania? America’s economy is now struggling to recover from the Great Recession. But even when the economy was said to be humming, it did…