The Fish Fight That Could Sink Brexit

As we approach a Brexit deadline, negotiations for a withdrawal deal could depend on cod, mackerel, and herring.

Why We Could Have Twist Tie Tariffs

Just like Alaskans have many words for snow, Bedford Industries has a lot of names for twist ties. There are spooled ties and poly twists, clip bands and double wire tin-ties. And that was only the beginning. I copied some…

Past Tariffs and Future Shortages

Medical product shortages were the unintended consequence of the tariffs that were supposed to diminish our trade with China.

Why Trade Is Good

Knowing that the benefits of free trade can be invisible, we can use a list of six brief reasons to actually see why trade is good.

When a Tomato is Like a Washing Machine

Next winter, our salads could be much more expensive because a new 17.5% tomato tariff will shrink supply and spike prices.

Six Facts: Understanding More About Brexit

The political and economic sides of Brexit’s problems involve the impact of a potential no vote in Parliament and controversial draft agreement issues.

(Almost) All You Need To Know About Quotas

From sleeveless jackets to begging brides and young sports teams with no uniforms, the complexities of quotas can produce a slew of unpredictable results.

Why China Wants To Be Called a Market Economy

A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to have its economy called a market. The case is huge. Its results could transform…

Weekly Roundup: From Buying Big Macs to Selling Waders

Our weekly roundup includes the tennis gender pay gap and toilet gap, free trade and individual businesses, and the purchasing power of the minimum wage.

Weekly Roundup: From Skyscraper Shadows to Trendy Foods

This week’s everyday economics includes property rights, trade, creative destruction, entitlements, tradeoffs, conservation, externalities, price, and markets.