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Protectionism

Gov. Buddy Roemer Calls for Withdrawal From NAFTA, WTO

Ian Fletcher | Posted 12.21.2011 | Politics
Ian Fletcher

I have found one candidate whom I believe is genuinely serious about fixing America's trade mess. He's an undeniable long shot, as Herman Cain was until recently. But it's not my aim here to handicap a horse race.

Jon Ward

Mitt Romney's Aggressive China Rhetoric Questioned By Conservatives

HuffingtonPost.com | Jon Ward | Posted 12.13.2011 | Politics

WASHINGTON -- President Obama submitted three long-awaited free trade agreements to Congress this month, which were quickly ratified Wednesday, but Re...

Shameful Conduct

Sen. Fritz Hollings | Posted 12.05.2011 | Politics
Sen. Fritz Hollings

President Obama bails the economy boat as fast as he can with tax cuts and infrastructure, but fails to plug the off shore hole in the sinking economy. Shameful conduct! Not on Wall Street, but in Washington.

Free Trade is Making America the New Portugal

Ian Fletcher | Posted 11.01.2011 | Business
Ian Fletcher

America doesn't need to cut itself off from the world entirely, but it does need to get wise to the fact that the rest of the world views trade (correctly) as an arena of national rivalry, and start playing the game.

Avoid Trade War? We're Already In One!

Ian Fletcher | Posted 10.29.2011 | Politics
Ian Fletcher

Whenever protectionists like myself demand that the U.S. government do something to stand up for America in global trade, we are shouted down with the stern admonition, "You'll start a trade war." I wish.

The Coming Upheaval in Republican Economics

Ian Fletcher | Posted 08.23.2011 | Business
Ian Fletcher

It may seem paradoxical, even perverse, to suggest that the Republican party is soon going to have to abandon free market ideology. But this is quite likely true, and it may be the political weapon that will marginalize Democrats for a generation.

A Tariff Would, Too, Fix Our Trade Mess

Ian Fletcher | Posted 06.18.2011 | Business
Ian Fletcher

Replacing foreign rivalry with strong domestic rivalry is probably a net plus. Japan's ferociously competitive (and protected) automobile and consumer electronics industries illustrate this well.

Japan, the Forgotten Protectionist Threat

Ian Fletcher | Posted 06.17.2011 | Business
Ian Fletcher

China is only the most brazen player of one-way free trade out there. We ran a $273 billion deficit with China in 2010, but we also ran an $80 billion deficit with the European Union and a $60 billion deficit with Japan.

Economists Shocked, Shocked: We Really Are Losing Jobs to China!

Ian Fletcher | Posted 06.08.2011 | Business
Ian Fletcher

The blithe assumption of conventional economics that "Sure, free trade has its costs, but the benefits are infinitely larger" doesn't hold up. We're either not winning out, or winning only peanuts.

The Theory That's Killing America's Economy -- and Why It's Wrong

Ian Fletcher | Posted 06.07.2011 | Business
Ian Fletcher

There is no good reason -- regardless of what most economists say -- to assume that free trade is necessarily the best approach. The economic logic of those who say it is is riddled with enough holes to sink a container ship.

Why Public Support for Free Trade Will Collapse Soon

Ian Fletcher | Posted 06.05.2011 | Politics
Ian Fletcher

Once protectionism is conceded to be a valid political position, it will eventually win the public debate, if free trade's unpopularity continues to mount at the pace it has been mounting over the last 10 years.

Economists Are Hopelessly Naïve About International Trade

Ian Fletcher | Posted 05.28.2011 | Business
Ian Fletcher

It is high time policymakers stopped deferring to weak intellectual constructs. The reality is that free trade is an exceedingly dubious proposition for America and many other nations.

Economic Nationalism: Fair or Foul?

Ian Fletcher | Posted 05.25.2011 | Politics
Ian Fletcher

Embracing our economic obligations to our own countrymen would be a far more meaningful step for anyone who really cares about other people than the phony humanism of economic globalists and "free trade" advocates.

Holy Cow! A Real Debate About Free Trade in the New York Times!

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Despite being one of the most pressing policy choices facing America, and despite having been one of the biggest controversies in the last, oh, 400 years of economic history, free trade rarely gets a real debate in this country.

Kennedy's Blunder, or How Free Trade Turned Sour for America

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

How did America end up in its present trade pickle? In retrospect, America's decisive wrong turn was probably John F. Kennedy's Trade Expansion Act of 1962.

Protectionism of the Past vs. Protectionism of the Future

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Most of the benefits of protectionism center on winning tomorrow's industries and keeping today's from falling into trouble, not on rescuing industries already dying.

Do Ideas Matter in Economic Policy, or Just Special Interests?

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Without economics, vested interests can't tell whether free trade benefits them or not, just as a company can't know whether or not it is profitable without resort to accounting principles.

Why a Flat Tariff on All U.S. Imports Would Work

Ian Fletcher | Posted 05.25.2011 | Politics
Ian Fletcher

I advocate protectionism. But one standard criticism is that this would just result in politically connected industries getting tariffs raised on the...

In Praise of Mercantilism (or Why Economic History Isn't Boring)

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Mercantilism has somewhat different application in developed, rather than developing, nations, but its fundamentals still hold good. We at least need to defend against mercantilist aggression against us, something we are not doing.

Yes We Can! (Fix Our Trade Mess)

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

It's an utter mistake to think America is this big helpless giant with respect to its trade problems. The solutions are out there if we would but avail ourselves of them.

The Obama Administration's Clueless Trade Diplomacy

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Despite the fact that every major American trade agreement since NAFTA has worsened America's trade balance, Obama actually seems to think he can improve America's export performance by going for more.

An Open Challenge to Free Traders: Debate Free Trade on Camera!

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

I'm going to ask the reader to forgive the somewhat personal nature of this post, as personal experiences are sometimes revealing about larger issues....

What We Can Learn From Central Banks About Managing Our Wealth

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

These trade wars are turning into foreign exchange market turbulence. So what are these so-called "currency wars"? And what can we learn from them?

American Manufacturing Slowly Rotting Away: How Industries Die

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Losing positions in key technologies means that whatever brilliant innovations Americans may dream up, large-scale commercialization of those innovations will increasingly take place abroad.

The Biggest Bubble of All Has Yet to Pop

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

While a rich nation can indeed borrow a huge amount of money and has a lot of assets to sell off, this doesn't mean Santa has installed an ATM on every street corner. Which is what a lot of people seem to think.