ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
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This is overly optimistic. It implies that there was a time where they went away.
You mean our trading partners are mercantilists. Pointing that out is not necessarily mercantilist.
There is the flip side of import protectionism and that is export subsidies.
Too often protectionists will exaggerate other countries trade restrictions and understate ours to get the trade relief they want. In the eighties, Japanese protectionism was grossly exaggerated by those who were pushing for protectionism against Japanese imports.
The mercantilists have been back for a while. They are also known as the Keynesians. Keynes was a mercantilist, and it is a horrible infection in economics. Politicians have always been mercantilists, which is why they are Keynesians.