Protectionism and Job Loss: Part Nine of a Nine Steps Series (And Last, I Think.)

This is the last installment of a series of nine short essays in which I attempted to explain a topic that is both important and misunderstood by many intelligent people: protectionism and its obverse, free trade.  […] When economic actors, people and organizations, switch from doing what they don’t do very well to what they … Continue reading Protectionism and Job Loss: Part Nine of a Nine Steps Series (And Last, I Think.)

The Escalators (Part Eight of Eight so Far on Protectionism)

Ninth and probably last installment soon: Do people lose their jobs because of free trade? In the story in seven episodes some of you had the patience to read, I kept pushing aside the question of what happens to the work done by those who move upward. If you will recall, I abandoned half of … Continue reading The Escalators (Part Eight of Eight so Far on Protectionism)

Economies of Scale and Economies of Scope, Bane of Protectionism. (Part Seven of Seven so Far. More Coming.)

Because I have decided to go one little step at a time, there are six previous installments of this series. All comprise the word “protectionism” somewhere in their titles. Because, we are all richer, Luis, I , the Quebec farmer and Pierre are in a better position to buy German manufactured goods than we were … Continue reading Economies of Scale and Economies of Scope, Bane of Protectionism. (Part Seven of Seven so Far. More Coming.)

National Specialization, the Virtuous Obverse of Protectionism (Part Six of a Series)

Luis, I, the Canadian farmer, Hans, and Pierre have all improved our productivity. We all earn more. We have increased our ability to buy anything at all, stuff, leisure, occupational training, or anything we want. We did this without working more than we used to. We have helped the world become richer. None of us, … Continue reading National Specialization, the Virtuous Obverse of Protectionism (Part Six of a Series)

Free Trade and Protectionism: The Story of Pierre. Part Four of a Series

This is the fourth installment of a continuing series of very small essays on protectionism and free trade. Those are daunting subjects neither the media nor schools explain well, I think. I am taking small steps on purpose. The first two installments were posted on the same day. All installments will comprise the word “protectionism” … Continue reading Free Trade and Protectionism: The Story of Pierre. Part Four of a Series

Protectionism; Free Trade, Step by Step

Here are the first two installments of a series of eight explaining something important that few people understand. The subject of protectionism is important because the concept is intuitively appealing and its implementation a recipe for poverty. Part One I hear more and more talk of protectionism, not only on the left where you would … Continue reading Protectionism; Free Trade, Step by Step

Damned Models and Cutting off the Chinese

I have a good eye for what ought to be there but isn’t. Don’t congratulate me; it’s a natural talent. I am retired so, I usually spend hours listening to the radio, reading newspapers and, watching television and, (Oops) on the internet. Nowadays, I do more of the same. Today’s lecture is going to be … Continue reading Damned Models and Cutting off the Chinese

Twelve Things Worth Knowing According to Jacques Delacroix, PhD, Plus a Very Few Brain Food Items.

Note: I wish you all a prosperous, healthy, and writerly year 2019. (No wishes for happiness, it will come from all the above.) I have a French nephew who is super-smart. Not long after graduating from the best school in France, he moved to Morocco where he married a super-smart Moroccan woman. He is so … Continue reading Twelve Things Worth Knowing According to Jacques Delacroix, PhD, Plus a Very Few Brain Food Items.

White Supremacists

“White supremacy” has become a central part of the left’s narrative. In an hour and a half of casual news watching on television in early October 2017, for example, I heard three references to white supremacy. That’s more than I did in the decade 2005 to 2015, I believe. One utterance came from the sports … Continue reading White Supremacists

French Africa

This is a meandering essay; although it’s about history, it’s a bit personalized, for effect. In other words, it’s far from straightforwardly scholarly history but I think it’s all or mostly true. Be patient, at one point it will become about the former French African colonial empire and socio-cultural strata it deposited in France, and … Continue reading French Africa

Brexit, free trade, and the EU

I posted this on Facebook twenty hours before the results were known: The United Kingdom will not leave the EU. If it does, there will be concrete talks of a trade agreement between the UK and the Union within a week. Free trade is the best part of the EU anyway. It may be the … Continue reading Brexit, free trade, and the EU

Trade: Is Obama Right This Time?

I was hoping to sit this one out. I mean the multiple discords about the new Pacific trade treaty proposed by President Obama. I feel I need to lend a hand because there are good reasons to be confused. Plus, I taught international business for twenty-five years. My voice just might be useful this time. … Continue reading Trade: Is Obama Right This Time?