Tweet [1]
Michael Strain rightly wonders why Trump believes it to be bad for the American economy for foreigners to invest in the American economy [2]. (While I agree with nearly all of the content and fully all of the thrust of Mr. Strain’s important essay, I wish that, in it, he would have not committed the common error of describing a U.S. trade deficit both as necessarily raising Americans’ indebtedness and as signifying that “we don’t save enough.” Neither of these charges is correct. More on these complaints in a later blog post.)
Also from Mark Perry is this explanation of why trade with Mexico is great [4].
Vernon Smith spoke recently at the University of Southern California [5].
George Leef warns of an educational plague spreading across the land [6].
Speaking of campus foolishness, here’s Robby Soave on more of it [7].
Writing in the L.A. Times, Jacob Levy exposes the upside of political hypocrisy [8].
My colleague Dan Klein reveals the joys of Yiddish and economics [9].
Finally, students interested in free-market environmentalism will want to check this out [10].