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Trade Wars: Why Freedom Trumps Tariffs
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Civilization was built on trade, and without it nations decline and fall. Is America next?
"Trade wars."
This phrase dominates the headlines, elections, and political debates of our time.
But what, exactly, is a "trade war"?
Who pays the price when governments impose tariffs? And why have virtually all economists, from Adam Smith to today's economists, so consistently defended free trade?
In Trade Wars, economists Scott A. Burns and Caleb S. Fuller cut through the rhetoric to explain one of ...
"Trade wars."
This phrase dominates the headlines, elections, and political debates of our time.
But what, exactly, is a "trade war"?
Who pays the price when governments impose tariffs? And why have virtually all economists, from Adam Smith to today's economists, so consistently defended free trade?
In Trade Wars, economists Scott A. Burns and Caleb S. Fuller cut through the rhetoric to explain one of ...