Donald Boudreaux

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Tag Archive: US deficit

1 month ago | aei.org | Ramesh Ponnuru |Desmond Lachman |Phil Gramm |Donald Boudreaux

Op-Ed Trump Is Right: Those Student Loans Need to Be Repaid Press Discussing the global economy in the era of American tariffs: Lachman on ‘HSTalks’ Op-Ed Trump’s Myth of the Trade Deficit Report Updated Warshawsky, Mantus, and Pang Model Projections: Analyzing the US Fiscal Outlook Post A White House Bond Market Strategy, Again Post The IMF Should Stop Economic Forecasting Press Discussing the bond market: Lachman on SiriusXM’s ‘The Julie Mason Show’ Op-Ed The Federal Budget: Serious Issues...
Biden administration Archives

1 month ago | aei.org | John Yoo |Preston Cooper |Phil Gramm |Donald Boudreaux

Press Discussing Biden’s health decline: Yoo on Fox News’ ‘Jesse Watters Primetime.’ Press Discussing Biden’s diagnosis: Yoo on Fox News’ ‘Outnumbered’ Op-Ed The Student Loan Bubble Is about to Pop Op-Ed Trump’s Tariffs Are as Bad as Bidenomics Post Less Than Half of Student Borrowers Are Paying Their Loans Op-Ed The Student Loan Payment Pause Was a Catastrophic Mistake Op-Ed Under Biden, ‘Green’ Was the Color of Money Article COSM Commentary What Do You Call an Automatic Stabilizer that...
The Case for Economic Freedom

1 month ago | aei.org | Phil Gramm |Mike Stenhouse |Donald Boudreaux

Former Sen. Phil Gramm and economist Don Boudreaux dismantle the myths behind big government and make the case for capitalism in The Triumph of Economic Freedom. Learn the free-market truth. Watch here!Is capitalism really to blame for inequality, recessions, and the loss of American manufacturing? Or is it the key to lifting lives and expanding opportunity?
Deirdre McCloskey

Jan 22, 2025 | mercatus.org | Deirdre N. McCloskey |Donald Boudreaux

Deirdre N. McCloskey is a Distinguished Affiliated Fellow with the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics. From 2000-2015, McCloskey was the UIC Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago and was Visiting Tinbergen Professor (2002-2006) of Philosophy, Economics, and Art and Cultural Studies at Erasmus University of Rotterdam.
The Problem With Retaliatory Protectionism

Jan 6, 2025 | thedailyeconomy.org | Donald Boudreaux

A familiar excuse for protective tariffs and other trade restrictions goes like this: It would be all well and good for our government to follow a policy of free trade if other governments did the same. But other governments don’t do the same. Other governments use tariffs and subsidies to give producers in their countries unfair advantages over producers in our country.
Full Text of Gramm & Boudreaux on 19th-century American Tariffs

Nov 21, 2024 | cafehayek.com | Phil Gramm |Donald Boudreaux |Don Boudreaux

Now that more than a month has passed since the October 16th publication in the Wall Street Journal of Phil Gramm’s and my piece on 19th-century U.S. tariffs and economic growth, I can share the piece in full here. It is available, free of charge, beneath the fold. No, Tariffs Don’t Fuel GrowthRates were high in the 19th century, but the economy boomed most when the rates were at their lowest. By Phil Gramm and Donald J. BoudreauxOct.
Trump’s Tariffs Would Smother His Economic Success

Nov 14, 2024 | aei.org | Phil Gramm |Donald Boudreaux

Donald Trump hopes to supercharge economic growth, restore manufacturing employment, and raise wages by imposing across-the-board tariffs of at least 10%, with even higher duties on Chinese goods. Yet any understanding of international trade, and of Mr. Trump’s first term, provides strong evidence that such measures wouldn’t achieve the president-elect’s objectives.
Opinion | Trump’s Tariffs Would Smother His Economic Successes

Nov 13, 2024 | wsj.com | Phil Gramm |Donald Boudreaux

Mr. Trump’s pro-growth tax and regulatory policy attracted a surge of foreign investment, including from American companies operating abroad. Such investment required dollars, and the currency’s value soared. That made U.S. exports more expensive, imports cheaper and the trade deficit larger. The last was 24% larger when Mr. Trump left office than when he entered.
Letter: The Data Don’t Lie, and Tariffs Don’t Work

Oct 29, 2024 | aei.org | Phil Gramm |Donald Boudreaux

In responding to our op-ed “No, Tariffs Don’t Fuel Growth” (Oct. 17), Robert Lighthizer has a big problem. His protectionist policies were put to the test starting in the middle of 2018, and they failed even on their own terms. The economic growth rate slumped in 2019, exactly as the Congressional Budget Office predicted. Manufacturing employment as a share of total nonfarm employment continued to decline. The promised reduction in the trade deficit didn’t happen.
Tariffs Don’t Save Industries — Markets Do by Donald J. Boudreaux | Capitalism Magazine

Oct 21, 2024 | capitalismmagazine.com | Donald Boudreaux

At my blog, Café Hayek, I identified some errors that appear in a new piece, in the Atlantic, by Oren Cass. Cass’s essay is titled “Trump’s Most Misunderstood Policy Proposal” – that proposal being Trump’s call for higher tariffs. Key to Cass’s case for tariffs is his insistence that people who are free to buy imports impose what economists call “negative externalities” on their fellow citizens.

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