…imbalances would be self-correcting. In other words, persistent trade deficits would eventually be remedied by market forces. You can read about his argument here. World trade has changed radically since 1752….

…technologies, …; trade between peoples has enrichened the lives of humans everywhere. Traditionally, trade was the great cross fertilizer. Without trade, our world would be a lot more like it…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

…lots of economists think that more trade can be (but isn’t always) a good thing, please read on. I’ve just finished reading yet another paper on trade and growth. The…

Richard Baldwin at VoxEU introduces a new book on “great trade collapse” before the WTO meeting occurring shortly. Re-posted with attribution: The Great Trade Collapse World trade experienced a sudden,…

by Rebecca Wilder Japan’s Lopsided Financial Balances Tim Duy and Paul Krugman discuss the merits and failures of Japanese policy. The sectoral snapshot of the economic financial balances shows that…

…combined with sustainable balances in international trade. Their predictions for the size of the trade deficit depend upon the size of the stimulus package. If GDP is allowed to collapse…

Stormy wrote in 2008 a narrative for the last few decades on trade…still relevent: Trade means jobs; trade brings money into plants; trade surpluses ripple through the economy, providing not…

…lose out from trade. Furthermore, if we try to help the losers from trade by limiting trade, then we will just create new economic losers, in industries that depended on…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…