Friday , December 14 2018
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Some Links

Summary:
My intrepid Mercatus Center colleague Veronique de Rugy is understandably unimpressed by Trump’s NAFTA machinations. A slice: I also fail to see how the president sees a return to the pre-NAFTA world as advancing his goal of reciprocity in trade duties. Under NAFTA, all U.S. exports going to Mexico are duty-free, as are non-agricultural U.S. exports to Canada. Even in spite of the Canadians’ high dairy duty, 97 percent of U.S. agricultural exports go to our neighbor to the north duty-free. In exchange, Mexico and Canada export their goods to us free of tariffs. Tricia Beck-Peter explains that Leonard Read’s “I, Pencil” changed her life. (“I, Pencil” was first published 60 years ago this month.) Brittany Hunter documents yet another grab by the greedy hand of the state. My dear friend

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My intrepid Mercatus Center colleague Veronique de Rugy is understandably unimpressed by Trump’s NAFTA machinations. A slice:

I also fail to see how the president sees a return to the pre-NAFTA world as advancing his goal of reciprocity in trade duties. Under NAFTA, all U.S. exports going to Mexico are duty-free, as are non-agricultural U.S. exports to Canada. Even in spite of the Canadians’ high dairy duty, 97 percent of U.S. agricultural exports go to our neighbor to the north duty-free. In exchange, Mexico and Canada export their goods to us free of tariffs.

Tricia Beck-Peter explains that Leonard Read’s “I, Pencil” changed her life. (“I, Pencil” was first published 60 years ago this month.)

Brittany Hunter documents yet another grab by the greedy hand of the state.

My dear friend and former GMU Econ colleague (and Cafe Hayek co-founder) Russ Roberts asks if he deserves what he has. And Russ continues to ask.

Megan McArdle offers what is sure to be an unpopular means of dealing with fentanyl abuse.

Pierre Lemieux is not too chicken to review some of the economics of tariffs.

In contrast to the economically imbecilic Tariff Man, Eric Boehm celebrates Liberty Man (aka Justin Amash).

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Don Boudreaux
He is a professor of economics at George Mason University in Fairfax, Virginia. Previously, he was president of the Foundation for Economic Education.

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