Friday, March 25, 2016

The One Thing Donald Trump is Right About: Foreign Trade & Economic Theory

Donald Trump is a buffoon, a narcissist, an egomaniac, and he has brought the boastful, childish culture of reality television to presidential elections. Nevertheless, there is one thing on which he is absolutely right, and most of his rivals are wrong: economic policy and foreign trade. In general, his rivals simply don’t understand the economics. Let me explain.