By Mike Koetting July 16, 2018
Needless to say, I’m not expert on trade policy. But with the issue at the front of every media report, it is hard to avoid. And equally hard to determine what one’s own position should be. Both political parties find adherents of every view within their party. So even with a souvenir program, it’s pretty hard to guess where someone is going to come down on these issues—let alone whether that position makes sense.
Not knowing much, it seems to me that the logical place to start thinking about trade policy is to ask what a country wants from its trade policy. But even with a simple answer to that question, to help the country obtain maximum benefit from its trade, it doesn’t take long to throw to up one’s hands at the complexity of the thing. It’s more than the obvious fact that in a $20 trillion economy there are millions of moving parts. The whole conceptual base is swampy. Continue reading “A Non-Expert Considers Trade Policy”




