…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…

Trade Balances: It’s the Spending, Stupid by Steve Roth Wealth Economics This post is dedicated to my sister, who (bless her heart) really follows the financial press and etc. and…

…Amy Howe details the issues . . . The Court of International Trade held that the tariffs exceeded Trump’s power under IEEPA, and the full U.S. Court of Appeals for…

…heart of one of the biggest trade issues pending between China and the West: whether intellectual property, like copyrighted songs, books and movies, should be granted the same kind of…

Trump’s Trade War, Stranded Assets, and Wilbur Ross’s Shipping Company Paul Krugman relates declines in stock valuations to the insanity of trade policy from Donald Trump and taught me a…

Nick Rowe was looking for the role of money in the Heuristic Macro Model, which is often used to introduce students to Trade economics. The problem he discovered is that…

…of real output. Crowding out was a new label for what Keynes had referred to as the Treasury View, which Winston Churchill elaborated in 1929: The orthodox Treasury view, and…

…slapped on countries around the world to end what he calls unfair trade balances that are “ripping off the United States”. The highlight of the trip is expected to be…

The real trade deficit collapsed in June — plunging from -$45,992 million to -$54,136 billion ( 2005 $). I have not done the calculation, but this will generate a significant…

…Cap, trade, and cut the gasoline tax. That is have some of the cap and trade revenue go to the highway trust fund so the cost of gasoline stays the…