Robert Samuelson comes in behind Donald Trump when it comes to mastering the logic of international trade. In his telling readers that "Trump gets the trade problem all wrong," Samuelson gets three really big things about trade wrong:
1) The dollar's status as the major global currency is not a major factor in the trade deficit;
2) In contrast to Samuelson's trade agenda, most workers have no reason to want the U.S. government to devote greater efforts to enforcing patent and copyright...
Published on November 19, 2017 13:03