See https://www.stuff.co.nz/opinion/129164371/beware-of-fishhooks-in-free-trade-deals
Beware of fish-hooks in free trade deals
05 Jul 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, income redistribution, international economics, politics - New Zealand, Public Choice, rentseeking Tags: customs unions, tariffs, trade diversion, trade negotiations
The Corn Law debates
05 Feb 2021 Leave a comment
in applied price theory, applied welfare economics, Austrian economics, comparative institutional analysis, economic history, economics of bureaucracy, history of economic thought, income redistribution, industrial organisation, international economic law, international economics, labour economics, labour supply, liberalism, Public Choice, rentseeking, survivor principle Tags: British history, tariffs
INCU Global Conference 2014 – Thomas J. Sargent – Keynote Address on the effects of opening borders
02 Sep 2020 Leave a comment
in applied price theory, applied welfare economics, budget deficits, business cycles, comparative institutional analysis, constitutional political economy, currency unions, econometerics, economic history, economics of bureaucracy, economics of regulation, entrepreneurship, financial economics, fiscal policy, growth disasters, growth miracles, history of economic thought, human capital, income redistribution, industrial organisation, international economic law, international economics, International law, labour economics, labour supply, law and economics, macroeconomics, politics - Australia, politics - New Zealand, politics - USA, poverty and inequality, property rights, Public Choice, rentseeking, survivor principle, transport economics, unemployment Tags: custom unions, free trade, tariffs
What part of exporting at uncompetitive prices do @NZFirst not understand?
04 May 2020 Leave a comment
in international economic law, international economics, politics - New Zealand, Public Choice, rentseeking Tags: tariffs
Good to see strategic trade theory has been driven from the temple
30 May 2018 Leave a comment
in applied price theory, applied welfare economics, international economics, politics - USA, Public Choice, rentseeking Tags: protectionism, strategic trade theory, tariffs, trade wars
Nice summary by Mankiw
31 Mar 2018 Leave a comment
in applied price theory, applied welfare economics, international economics Tags: tariffs
What Donald Trump doesn’t understand about trade
10 Mar 2018 Leave a comment
in applied price theory, international economics, politics - USA Tags: protectionism, tariffs, trade policy
31% of economists are still confused about the merits of tariffs
05 Mar 2018 3 Comments
in applied price theory, applied welfare economics, international economics, Public Choice Tags: protection, tariffs, trade policy
What undergrads and @stevenljoyce need to know about trade @GreenCatherine
12 Apr 2016 Leave a comment
in applied price theory, applied welfare economics, development economics, international economics, job search and matching, labour economics, labour supply, macroeconomics, politics - New Zealand Tags: antiforeign bias, free trade, makework bias, Paul Krugman, protectionism, tariffs, trade policy
Minister for everything Stephen Joyce wrote some nonsense in the paper today about how trade agreements and more exports will mean more jobs:
I would like to make the point that trade access is hugely important for a small country like New Zealand.
Without fair and equal trade access we can’t sell as much of our goods and we get less for them. And that means fewer jobs.
This make-work bias is as bad as those who oppose trade agreements on the grounds of an anti-foreign bias. Trade affects the composition of employment, not the number of jobs. Paul Krugman spent a good part of the 1990s trying to explain that to the general public and public intellectuals.
@BernieSanders @realdonaldtrump want to reverse The Great Escape in developing countries
07 Apr 2016 Leave a comment
in applied welfare economics, development economics, economic history, growth disasters, growth miracles, industrial organisation, international economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: absolute poverty, extreme poverty, tariffs, The Great Escape, trade agreements, trade liberalisation
Source: TRANSCRIPT: Bernie Sanders meets with News Editorial Board – NY Daily News.
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Source: If you’re poor in another country, this is the scariest thing Bernie Sanders has said – Vox.
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Source: If you’re poor in another country, this is the scariest thing Bernie Sanders has said – Vox.
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@realdonaldtrump is wrong in tariffs
26 Jan 2016 Leave a comment
in applied price theory, applied welfare economics, economic history, international economics, politics - USA Tags: 2016 presidential election, China, tariffs, trade wars
Tariffs and the class war
10 Sep 2015 1 Comment
in applied welfare economics, income redistribution, international economics, Public Choice, rentseeking Tags: rentseeking, tariffs
The difference between tariffs and quotas
18 Jun 2015 Leave a comment
in applied price theory, applied welfare economics, industrial organisation, international economics Tags: antimarket bias, import competition, international trade, protectionism, quotas, tariffs
What’s the difference between #tariffs and #quotas? Let’s find out buff.ly/1FS7QkZ http://t.co/hsx2VVG5e6—
MRUniversity (@MRevUniversity) May 30, 2015
Utopia, you are standing in it! 
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