Trade

The Costs of Trump’s Import Tariffs Have Landed Entirely on US Citizens

US importers and consumers experienced $12.3 billion in added tax costs and another $6.9 billion from unrecoverable reductions in welfare arising from the 2018...

What Comes After Trickle-Down Trade Liberalization?

The United States needs to rethink its trade policy. A new report offers a blueprint, consisting of ten major reforms. US trade policy is at...

The Malleable Demand for Trade Protection: How Political Campaigns Can Easily Manipulate Public Attitudes Toward Public Policy

Where does today’s anti-trade sentiment come from? A new study finds that people are particularly sensitive to job losses and outsourcing due to international...

The Inequality Paradox: Rising Inequalities Nationally, Diminishing Inequality Worldwide

Workers in emerging economies benefitted from globalization and workers in rich countries, on balance, did not. Overturning globalization, however, will neither work nor bring...

Obesity and Globalization: Evidence from Mexico

Has Mexico imported its obesity epidemic from the United States? A new study suggests that the answer to this question is "yes." The obesity epidemic...

Editors’ Briefing: This Week in Political Economy (September 16–22)

The White House is getting ready to go after tech platforms and the EU is going after Amazon, while Louisiana’s attorney general wants to break...

Is China’s International Joint Venture Policy Effective in Diffusing Technology?

The US administration launched a trade war against China in response to what it sees as unfair trade practices—especially the requirement that foreign firms...

Baldwin on Globalization: “A Lot of the Narrative Is Based on the US as If It Were the Whole World”

Richard Baldwin, professor of international trade at the Graduate Institute of Geneva and editor-in-chief of VoxEU.org, talks to ProMarket about the convergence between the...

"No Mistake About it: A Revolt Against Globalization is Underway!"

In this installment of ProMarket’s new interview series, Columbia Law School’s John C. Coffee Jr. shares some thoughts on political engagement by corporations. "Milton Friedman seems...

LATEST NEWS

Elections Hinder Companies’ Access to Credit

A large body of literature has produced uncertain conclusions about how elections affect firms’ access to credit. In a wide-ranging analysis of...

How Financial Contracting Could Help the Police Force Manage Its Aims More Effectively

Hamid Mehran proposes funded deferred pay, an incentive structure to mitigate the risk and costs of police misconduct.

Event Notes: “China’s Political Economy” in Review

The Stigler Center's "China Political Economy" webinar series returns Thursday, February 9. Here's a reminder of what we covered in our first...

To Build an Equitable Economy, We Must Understand Capitalism’s Racist Heritage

American capitalism was built on racial exploitation, from the enslavement of Black people to institutionalized discrimination and its structural impact on our...

How To Ensure Industrial Policy Promotes Public Over Private Gain

Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s...