free trade

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Airplane Flying Over Colorful Cargo Containers
Image Credit: evening_tao - Adobe Stock

A New Era of Economic Nationalism

The United States was founded on Free Trade. And, high tariffs. Domestically, the United States had exceptional economic policy. There were hardly any taxes, and the currency was reliably fixed to gold. Trade was Free between States. With what I've called "The Magic Formula" (Low Taxes and Stable Money), the US got richer — even with high tariffs with the rest of the world. Read More ›
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“When ‘Free Trade’ Does More Harm Than Good” with Robert Lighthizer

Click here to watch the interview. For regular listeners, you know I like to take on complicated subjects, and try to make clear what’s at stake for all of us.   Thanks for reading The Bill Walton Show! Subscribe for free to receive new posts and support my work. Pledge your support In this episode the Bill Walton Show we take a another deep dive into one of the most complicated and contentious areas of economic policy:  International trade.  International trade negotiations are incredibly complex multilevel games—there are negotiations not just with America’s trading partners, but with Congress, domestic constituencies, and rival factions within the executive branch.  There are sharp – almost theological – differences in how trade policy ought Read More ›