Once again it is my honor to be named a Focus Economics top economics and finance blogger. When I started this activity a few years back it was not really with the intent of gaining any notoriety. As an academic discipline Economics actually embraced blogging as a way of discussing ideas and theories relatively early so it was simply a form of engagement with the public and my profession. I really enjoy blogging though and hope to continue it for a long time to come. And okay the notoriety is nice too. You can find the address of the website listing the award recipients below:
Trade and Tactics, Cui Bono?
Sometime tomorrow, or perhaps today depending on when I get this post completed, President Trump will announce tariffs on imported steel and aluminum. Rather than engage in a knee jerk response that free trade is always the best approach I think it would pay to be a little more circumspect about the outcomes. First, is free trade beneficial to all parties? Well yes and no.