Trump has put tariffs on the economics agenda in a way that hasn’t been true for decades. As a new semester of principles of economics begins, here are some resources for teaching tariffs.
Comparative Advantage (video)
The Microeconomics of Tariffs and Protectionism (video)
Why Do Domestic Prices Rise with Tariffs? (post)
Trade Diversion (Why Tariffs on More Countries Can Be Better) (post)
Manufacturing and Trade (post), Manufacturing Went South (post) and Tariffs Hurt Manufacturing (post)
Three Simple Rules of Trade Policy (Lerner symmetry, imports are inputs, trade balances and capital flows; post)
Tariffs and Taxes (post), Tariffs are a Terrible Way to Raise Revenue (Albrecht post) and Consistency on Tariffs and Taxes (post)
Globalization: Economics, Culture and the Future (video)
The Tariff Tracker, great source for real time tracking of prices such as below (the data can be downloaded):
The post Resources for Teaching Tariffs appeared first on Marginal REVOLUTION.
Greg Mankiw’s Blog: Economic Theory Summer Camp
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University....
Saturday assorted links
1. Notes on Oman. 2. Colin McGinn on best philosopher ever. 3. Owner wants to give away Green Mountain Campus....
Germany projection of the day
Germany’s population is projected to shrink by nearly 5 per cent within 25 years — a significantly steeper decline than...
Minimum wage hikes and robots
This paper studies how minimum wage policy affects firms’ adoption of automation technologies. Using both state-level measures of robot exposure...
