Earlier this week,
the Free State Foundation published a new Perspectives
from FSF Scholars by Senior Fellow Ted Bolema titled “Why
Economists Consistently Support Free Trade Policies.” In the paper, Ted Bolema
discusses how free trade policies promote economic growth, higher wages, and
increased innovation in the economy.
Today, the
National Taxpayers Union sent an open
letter to President Donald Trump and members of Congress urging them to
reject protectionist policies, such as tariffs and withdrawing from trade
agreements. This is a response to President Trump’s decision to impose costly tariffs
on certain goods and to withdraw
from the Trans-Pacific Partnership. The letter was signed by more than 1,100
economists throughout the United States, including three members of FSF’s
Board of Academic Advisors - Michelle Connolly, Stan Liebowitz, and James
Prieger.
Free State
Foundation scholars have maintained the position that bilateral and multilateral free
trade agreements create innovation and economic growth, and strong protections
of intellectual property rights implemented in those agreements encourage
creation throughout the global economy. Make sure you read Ted Bolema’s new
paper!
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