New York Times (June 20)
“The United States should stop the scattershot, pointless nonsense on tariffs and go the other way, and hard: It should drop all tariffs, even if the rest of the world doesn’t follow.” Economists have long “understood that free trade is the best policy. Studies show that countries with freer trade have both higher per-capita incomes and faster rates of productivity growth. Economists have also long understood that barriers to trade, while pitched as a way to help domestic workers, always heavily penalize domestic consumers.”
Tags: Barriers, Consumers, Economists, Free trade, Growth, Nonsense, Per-capita income, Productivity, Scattershot, Tariffs, United States, Workers
New York Times (August 26)
In a series of tweets, Iran’s new president, Hassan Rouhani, “has given reason to hope that he is serious about resolving disputes with the United States and other major powers, most urgently about Iran’s nuclear program.” One such tweet reads, “We don’t want further tension. Both nations need 2 think more abt future & try 2 sit down & find solutions to past issues & rectify things.” While promising, “it would be naïve to assume that the path to ending Iran’s isolation is now clear.”
Tags: Disputes, Hassan Rouhani, Hope, Iran, Isolation, Nuclear program, Solutions, Tension, United States
