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Tag Archives: fair trade

Stop Calling Deals That Help CEOs Pillage with Impunity “Free Trade”

By William K. BlackMay 14, 2016     Bloomington, MN This is the second column in my series on the “Mankiw’s myths and Mankiw morality.”  In the first column I showed that N. Gregory Mankiw’s own unprincipled principles of economics predicted that the financial system would be rigged by and for the financial CEOs.  In his New York Times column Mankiw purported to be writing to dispel myths, but actually did the opposite, asserting that the financial system could not be rigged.  I explained...

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Who Needs Balanced Trade? Who Needs Balance Budgets: A New Book on Trade and Fiscal Policy

The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. During the Intervening months, the efforts of the Special Trade Representative (STR) to complete TPP negotiations have continued. At the end of June, the goal was to complete negotiations by August so that the Administration could send the Agreement to Congress in enough time to start the...

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