Economic Protectionism and the Tyranny of Taxation With Representation

Economic protectionism, much like the populist tradition of which it is often born, involves the exportation of need. Individuals are not primarily responsible for securing, or often even defining, their own needs, but task an intermediary figure, in whose goodness they place their trust, with doing so. Even as a certain type of grasping, malevolent elite becomes the archetypal bogeyman in the populist’s dichotomous morality play, the downtrodden masses champion their own elite: a modern-day…

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Tariffs Are Incompatible With the Pluralism of Free Trade

The silver lining to the president’s protectionist trade agenda is the desperation with which he and his officials attempt to sell it under the guise of free trade. One would be hard pressed to come to this realization, given all the nationalist rhetoric the president and his allies are employing to sell tariffs, but it seems free trade is still very much en vogue. Even as President Trump pursues an economic agenda that asserts the…

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Withdrawal from Paris Accords May Spur New Era of Autonomy in Business

If the tidal wave of anger which broke against President Trump’s announcement that the United States is withdrawing from the Paris climate accords could be harnessed, the nation would have a surfeit of energy for some time to come. Despite pressure from members of the global community and prominent figures in his own administration, including daughter Ivanka and secretary of state Rex Tillerson, Trump shrugged off concern with the vision of apocalypse many proponents seem…

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Free trade is fair trade

The current dichotomy which is being promoted between “fair trade” and “free trade” is utterly nonsensical. Free trade is the only type of fair trade. Free trade empowers the actors considering entering into a business relationship to set their own standards of what constitutes “fairness.” If all parties can come to a consensus where their individual ideas of what is “fair” to them are met, then they move forward with their relationship; elsewise, they abandon…

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Only free trade is fair trade

A unit of currency, even those based on elements with empirical worth, has absolute value. But this value is relative, both against other systems of measurement and in context of time and shifting events. Fiat money, like the American dollar, derives its worth as a unit from government-mandates and regulations, making it much more malleable than non-fiat currency, which is based in a commodity, such as gold, with intrinsic value. Yet, even the values assigned…

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