Beginner’s Economics of Immigration

Introduction First off, one of the latest news story was centering around Donald Trump's executive order to bar citizens of┬ácertain Muslim countries from legally entering the country, even if they have already been given approval. Let me be clear: this is not a "strong border" issue. This is not a safety thing. Thanks in no… Continue reading Beginner’s Economics of Immigration

The 20% “Tariff”

The President is floating an idea of a 20% tariff. This is one of the few topics that a vast majority of economists can agree on: this is a bad idea. It's an attempt to get Mexico to pay for the wall but will more likely lead to a trade war. Governments and businesses are more likely to benefit from a trade war than consumers. Protectionism in today's increasingly global economy is not a good idea.