Relevant and even prescient commentary on news, politics and the economy.

Democratic Arithmetic vs Comparative Advantage: TAA, TPA, TPP

In reading around on reactions to the defeat of the TAA (Trade Adjustment Authority) component of the TAA/TPA (Trade Promotion Authority) Package needed to successfully pass TPP (Trans Pacific Partnership) I get the usual incomprehension as to why Democrats can possible oppose Free Trade given the proven mathematical reality of Ricardian Comparative Advantage. And the […]