Robert Higgs | Sunday May 20, 2018 at 9:00 AM PDT
The nation-based “balance of international payments” accounting system is misleading and nonsensical.
Tag: imports
Robert Higgs | Monday October 30, 2017 at 9:30 AM PDT
Since NAFTA went into effect in 1994, U.S. imports of goods from Mexico have grown from about $4 billion per year to about $28 billion (annual rate as of March 2017). Americans have also purchased a lot more services, not counted in this measure, from Mexicans during the past two decades (e.g., tourist services…
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Kevin Dowd | Monday September 25, 2017 at 1:23 PM PDT
My report A Trade Policy for a Brexited Britain, published by the Institute of Economic Affairs last month, had a short section on EU tariffs. I gave the example of how in October last year EU tariffs on orange imports were quintupled from 3.2 percent to 16 percent. This example has been challenged by…
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Abigail R. Hall | Tuesday December 23, 2014 at 4:59 AM PST
I love to cook. From my great grandmother’s recipe for fried chicken (fried in lard, of course) to my mom’s recipe for Kentucky burgoo (think stew), there are a few kitchen staples this cook can’t do without. The star of many southern recipes is butter. Perhaps famous southern cook Paula Deen put it best:…
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