While campaigning in Flint (MI), former President Donald Trump was asked how he would tackle rising food prices. In response, he suggested that import tariffs would do the job, and…
Protectionism
In August 2022, US President Joe Biden signed the Inflation Reduction Act (IRA), which promises massive investment by the US government in US-built green infrastructure and industry. The IRA will provide $400bn-$1trn over…
In the aftermath of the Cold War, a global village was emerging, driven by a belief in market power and the surge of globalization in the 1990s. Governments relaxed travel,…
When President Joe Biden campaigned under the slogan “build back better,” he meant to break away from limited government and expand the role of the state in a variety of…