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← The right answer on trade is unilateral free trade, and the hard part is only explaining why the objections fail.

17 connected korrents · 16 moments from 1 Jun 2022 to 20 Sept 2026.

Everything filed under tariffs tariffs Everything filed under China China Everything filed under fiscal policy fiscal policy Everything filed under inflation inflation Everything filed under America America Everything filed under Europe Europe Cannot both be trueSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: The right answer on trade is unilateral free trade, and the hard part is only explaining why the objections fail. The right answer on trade is unilateralfree trade, and the hard part is onlyexplaining why the objections fail. Last stated 2 years ago 14 Apr 2025 JC John H. Cochrane — holds since 2025-04-14 — tap for who they are Cannot both be true: Europe cannot keep the world's strictest environmental and social rules, invest less than its competitors and run a more naive trade policy, and still expect to create jobs. — tap to centre the map on it Europe cannot keep the world'sstrictest environmental and socialrules, invest less than itscompetitors and run a more naivetrade policy, and still expect tocreate jobs. Last stated 2 years ago 25 Apr 2024 EM Emmanuel Macron — holds since 2024-04-25 — tap for who they are Same subject: A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. — tap to centre the map on it A country should raise revenue bytariffing foreign countries ratherthan by taxing its own citizens. Last stated 2 years ago 20 Jan 2025 DT Donald Trump — holds since 2025-01-20 — tap for who they are Same subject: A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off. — tap to centre the map on it A trade dispute escalated byaggressive tariffs can still end ina negotiated outcome that leaves allsides better off. Last stated a year ago 30 May 2025 GS Guy Spier — holds since 2025-05-30 — tap for who they are Same subject: America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would. — tap to centre the map on it America's large trade deficit inmanufactured goods means fewer USmanufacturing jobs than balancedtrade would. Last stated 2 months ago 7 Sept 2026 PK Paul Krugman — holds since 2026-09-07 — tap for who they are Same subject: Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. — tap to centre the map on it Cutting off trade with tariffs wouldforce a huge interest-rate spike andprobably a debt crisis, because thebudget deficit would have to befinanced at home. Last stated 2 years ago 14 Apr 2025 JC John H. Cochrane — holds since 2025-04-14 — tap for who they are Same subject: Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner. — tap to centre the map on it Erratic U.S. tariff implementationis teaching allies and enemies thatthe U.S. is no longer a reliabletrading partner. Last stated 8 months ago 9 Feb 2026 JC JL Collins — holds since 2026-02-09 — tap for who they are Same subject: Import prices have risen under Trump's tariffs, undercutting claims that foreigners would pay them. — tap to centre the map on it Import prices have risen underTrump's tariffs, undercutting claimsthat foreigners would pay them. Last stated a month ago 20 Sept 2026 PK Paul Krugman — holds since 2026-09-20 — tap for who they are Same subject: Persistent US trade deficits are the mirror image of trade partners' capital account surpluses caused by beggar-thy-neighbor industrial policy — tap to centre the map on it Persistent US trade deficits are themirror image of trade partners'capital account surpluses caused bybeggar-thy-neighbor industrialpolicy Last stated 2 years ago 7 Apr 2025 SH Samuel Hammond — holds since 2025-04-07 — tap for who they are Same subject: Rebuilding American manufacturing is a decades-long educational and cultural project, not something tariffs can do. — tap to centre the map on it Rebuilding American manufacturing isa decades-long educational andcultural project, not somethingtariffs can do. Last stated 10 months ago 25 Dec 2025 MH Molson Hart — holds since 2025-12-25 — tap for who they are Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer barshould be set against the bestcompanies in the industry ratherthan against its own history, whichis what makes title inflation a realcost. Last stated 7 months ago 1 Apr 2026 TP Thuan Pham — holds since 2026-04-01 — tap for who they are Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed atleast somewhat to the inflation of2021-2022. Last stated 4 years ago 25 Jul 2022 NS Noah Smith — holds since 2022-07-25 — tap for who they are Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it Central bank purchases of governmentbonds are not bailouts and do notautomatically cause inflation, sincethey only change the composition ofthe consolidated government'sliabilities, not their total. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are Same subject: A continental army's first mission is to keep the regime in power, not to defend the border — which is what the People's Liberation Army is for. — tap to centre the map on it A continental army's first missionis to keep the regime in power, notto defend the border — which is whatthe People's Liberation Army is for. Last stated 4 months ago 9 Jun 2026 SP Sarah Paine — holds since 2026-06-09 — tap for who they are Same subject: A country cannot fund its own industrial strategy and call the same policy cheating when China does it. — tap to centre the map on it A country cannot fund its ownindustrial strategy and call thesame policy cheating when China doesit. Last stated a year ago 15 May 2025 HR Hannah Ritchie — holds since 2025-05-15 — tap for who they are Same subject: A country's scientific trajectory can keep advancing even if political instability or economic uncertainty slows its broader progress. — tap to centre the map on it A country's scientific trajectorycan keep advancing even if politicalinstability or economic uncertaintyslows its broader progress. Last stated 7 months ago 21 Mar 2026 TG Tanner Greer — holds since 2026-03-21 — tap for who they are Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economyis already at potential outputprompts monetary tightening thatdampens or eliminates its effect onoutput. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are Same subject: A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them — tap to centre the map on it A thriving society needs both theleft's redistributing of resourcesand the right's producing andconserving of them Last stated 3 years ago 11 May 2023 RB Roy Baumeister — holds since 2023-05-11 — tap for who they are
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At the centre The right answer on trade is unilateral free trade, and the hard part is only explaining why the objections fail. Last stated 14 Apr 2025 · 2 years ago Holds John H. Cochrane Read this korrent →