This website is dedicated to discussing the economic and political upheavals that led to the Trump presidency. What can we do?
Monte Pearson's Blog
The easiest way for an impoverished country to grow rapidly is to adopt a policy known as "Managed Trade." This policy is almost the opposite of the "Free Trade" policy the U.S. has followed since World War II. By using...Read More
Before the 1830s, the idea of Free Trade did not exist. Every nation used tariffs and other barriers to prevent nations with more efficient economies from overpowering their home grown industries. For example, in the 16th century, England used tariffs...Read More
As you might expect, President Trump's new tariffs on steel and aluminum are as carefully thought out as his reasons to build a wall on the Mexican border. They are announced with all the bluster and bullying of the man...Read More