Clark Packard

Nov 30, 2024 | msnbc.com | Jeffrey Singer |Clark Packard

Earlier this week, President-elect Donald Trump announced he intends to punish all Americans because some Americans buy illicit drugs from traffickers, most of whom pay U.S. citizens to smuggle them through legal border crossings. Through increased tariffs, Trump wants to make Americans pay more for goods — including domestic manufacturing inputs — imported from Canada, China and Mexico (our three largest trading partners) until the U.S. wins the war on drugs.

Nov 26, 2024 | cato.org | Clark Packard

Generated with ElevenLabs AI technology. In anticipation of the Thanksgiving holiday this week, the Cato Institute published a new essay from Philip G. Hoxie entitled “Globalization Helps Feed the World.” Part of Cato’s ongoing Defending Globalization project, the essay documents how American farmers benefit from access to global export markets while trade exposure enhances the productivity of domestic farms and ranches.

Nov 14, 2024 | cato.org | Clark Packard

Earlier this week, the Cato Institute published Defending Globalization: Facts and Myths about the Global Economy and its Fundamental Humanity, a book I edited with Scott Lincicome. Over the past several years, globalization has faced renewed interest—and criticism—from politicians and pundits across the ideological spectrum. Containing 25 original essays from several writers, including Deirdre N. McCloskey, James Bacchus, Johan Norberg, Daniel W. Drezner, Jeb Hensarling, Marian L. Tupy, Tom G.

Nov 12, 2024 | cato.org | Scott Lincicome |Clark Packard

The COVID-19 pandemic, war in Ukraine, simmering US-China tensions, and rising global populism have led to globalization facing renewed attention—and criticism—from politicians and pundits across the political spectrum. Like any market phenomenon, the free movement of people, things, money, and ideas across natural or political borders is imperfect and often disruptive. But it has also produced undeniable benefits—for the United States and the world—that no other system can match.

Oct 17, 2024 | email.cato.org | Andrew P. Morriss |Andreas Freytag |Phil Levy |Clark Packard

• Thirty-five years ago today, Boris Yeltsin visited NASA’s Johnson Space Center in Houston, Texas. But it was a brief, impromptu visit to a nearby grocery store that may well have changed world history, writes Scott Lincicome• In light of the increasingly contentious nature of the US-China relationship, it is worth examining Americans’ views about economic ties between the two countries.