When prices skyrocket, everyone suffers—but does someone benefit? In this episode of Economic Game Changers, you’ll meet David Ricardo, a stockbroker-turned-economist who responded to a costly grain crisis in Great Britain. While the wealthy landowners benefited, Ricardo countered with a shocking idea: allow competition. Perfect for middle and high schoolers, this episode explores Ricardo’s theory of comparative advantage: a way for smart trade decisions to lower costs and improve economic outcomes for everyone. Check out all of our kids content at PragerUkids.com: https://l.prageru.com/3vkepwq Watch our content ad-free on our app: https://prageru.onelink.me/3bas/vgyxvm79 Follow PragerU Kids on social media: Instagram …
Liberal economist Paul Krugman is finally discovering what President Trump warned about for years—that unchecked Chinese trade hollows out Western industry. In a recent Bloomberg Television interview, Krugman said conditional tariffs on Chinese cars are “probably going to be necessary” in Europe, arguing that they cannot allow its auto industry to be wiped out by […] The post Liberal Economist Now Admits Tariffs are Necessary appeared first on StoneZone .
Liberal economist Paul Krugman is finally discovering what President Trump warned about for years—that unchecked Chinese trade hollows out Western industry. In a recent Bloomberg Television interview, Krugman said conditional tariffs on Chinese cars are “probably going to be necessary” in Europe, arguing that they cannot allow its auto industry to be wiped out by Beijing-backed competition. That is a remarkable shift from one of the left’s most prominent voices for neoliberal free trade. Krugman has repeatedly attacked President Trump’s tariff agenda, calling parts of it chaotic, illegal, and economically misguided. But when it comes to Chinese vehicles flooding Western markets, even Krugman now admits the old globalization…Open
The Trump administration might suspend requirements that only U.S. ships can carry cargo between domestic ports as officials look to temper rising gasoline prices . Why it matters: Possible waivers of the 1920 law, the Jones Act, show how the Trump administration is scrambling to ease the fuel price shock from the Iran war. - Officials are considering a 30-day waiver, Bloomberg reported . Context: The Jones Act requires that cargo transported by water between U.S. ports be shipped solely aboard vessels that are U.S.-built and citizen owned as well as registered under the U.S. flag and primarily crewed by Americans. - It's the furthest-reaching coast-wise trade statute, per the Department of Transportation's Maritime Administration . -…
As governors from across the country meet in Washington, D.C. this weekend, they are reacting to the Supreme Court ruling on tariffs and what it could mean for the people of their states. That includes Nebraska, one of the nation’s top soybean and corn producers. Nebraska Gov. Jim Pillen tells “Morning in America” he is a “lifelong believer in free, balanced trade.” Start your day with "Morning in America," NewsNation's live three-hour national weekend morning newscast hosted by Hena Doba. Saturday and Sunday starting at 7a/6C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
The conservative think tank has often been right when that was a very lonely thing to be. The post Heritage in the Arena appeared first on The American Conservative .
Politics Heritage in the Arena The conservative think tank has often been right when that was a very lonely thing to be. “It is not the critic who counts,” President Theodore Roosevelt once said. “The credit belongs to the man who is in the arena.” The Heritage Foundation has been in the arena for many years, fighting many battles, so it’s no surprise that it has attracted many critics as well. And while Heritage cannot claim perfection, this much is certain: We have stayed true to our mission despite the critics; we have turned out to be right on some big questions in recent years, and the…Open
AI:This article examines the evolving role and perceived ideological shifts within the Heritage Foundation, noting that while the conservative think tank has historically provided accurate insights during periods of political isolation, it is currently facing internal scrutiny. The discussion touches upon staff departures and debates regarding the institution's shift away from traditional free trade stances, reflecting broader tensions among right-of-center commentators and institutions as they navigate the modern political landscape.Open
