Quotation of the Day…
by Don Boudreaux
on July 9, 2025
… is from page 218 of Michael Strain’s 2025 paper “The (non) effect of tariffs on manufacturing employment” [link added]:
But when they study the effects of trade more broadly, Feenstra et al. find that job losses identified by [“China Shock” researchers] Acemoglu et al. and Autor et al. are fully offset by job gains due to US exports.
DBx: Shocking! (Not.)
