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Free Trade & Trade Policy

The Latest Conservative Defense of Tariffs

For many years now, some conservatives, in their magazine and web articles criticizing government-managed trade agreements such as NAFTA and CAFTA, have made veiled criticisms of free trade. But no more. Since the beginning of the year, when Donald Trump started imposing protective tariffs on selected items from certain countries, those conservatives have begun to openly criticize free trade and ...

Libertarian Lessons: Free Trade

Trade is commonly understood to be an economic activity carried on between countries, which is incorrect. Trade takes place between individuals, or groups of individuals, both domestically and across international boundaries. At its core it is the voluntary exchange of private property. Human beings must act to sustain their lives. Before industrialization the vast majority of people lived in shared poverty, their agrarian ...