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  • About
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    • ECON 2301-Princ of Macro
    • ECON 2302-Princ of Micro
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Economics Lesson for Understanding NAFTA versus USMCA: LPP EP 46

10/1/2018

 
​In this Let People Prosper episode, I take a little more time than usual (hope you'll watch the entire episode) to share what economists like Adam Smith, David Ricardo, Daniel Hamermesh, Paul Krugman, and Milton Friedman said about international trade.

In summary, people prosper from trade (see my paper here) and I'm cautiously optimistic about the revised version of NAFTA which is now being called the US-Mexico-Canada Agreement (USMCA), especially with the reduction of some foreign trade uncertainty, but have many reservations of the toll the increased trade barriers put on the auto sector will have on Americans.

​The legislatures of each of these countries will not have 60 days to review and vote. Let us not forget the benefits of free trade and find ways to reduce trade barriers instead of erecting more. 

#LetPeopleProsper

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    Vance Ginn, Ph.D.
    Chief Economist
    ​TPPF
    ​#LetPeopleProsper

    Dr. Ginn is a free-market, classical liberal economist with  a passion for providing abundant opportunities for people to prosper, which includes promoting policy rules and removing government barriers.

    He grew up in South Houston, Texas where he attended private school, public school and home school, was a hard rock drummer, and was a first generation college graduate from Texas Tech University.

    Dr. Ginn's a recovering academic and a public policy nerd. 

    Follow me on Twitter: @vanceginn. 

    View my profile on LinkedIn

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