“A European carbon border tax: much pain, little gain” By Ben McWilliams and Georg Zachmann, courtesy of the Bruegel Institute The European Green Deal has set a target of reducing European Union carbon emissions by about 40 per cent over the next ten years. Reaching this target is likely to involve a significant […]
Tag: commerce
It’s not just USMCA: Canada needs to tackle internal trade barriers, too
“Provincial Trade Barriers Shoot Canadians in the Foot” By Fergus Hodgson, courtesy Frontier Centre If there is one finding of near unanimous consensus among economists, it is that free trade increases productivity and boosts growth. The flip side is that tariffs, quotas, and other trade barriers generally reduce welfare. By how much? […]
Urgent reforms needed to help Argentine entrepreneurs succeed
Courtesy of Libertad y Progreso The reality of Argentine entrepreneurs is arduous. With growing inflation, the highest taxes in the world, Kafkaesque regulations, and overflowing labor costs, it is not surprising that in Argentina only 15% of the economically active population owns a business […]
U.S. sits out this free trade round, looks tired
Like an aging jock, the U.S. is sitting on the sidelines as other countries move the ball forward on a field it once dominated. A number of the world’s biggest economies are striking free trade deals, threatening to form regional trade blocs excluding […]
Time to limit presidential tariff powers!
After decades of successive U.S. administrations (mostly) pursuing free trade policies, in just a few years Donald Trump has upset the apple cart with the help of sweeping presidential powers over tariffs on foreign goods. This has naturally prompted many observers to question the wisdom […]