Tag: trade policy
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The Economics of the American Merchant Marine
The American merchant marine's trajectory from colonial shipbuilding powerhouse to protected coastal carrier reveals how trade policy shapes commercial capacity over generations. This is a case study in the long-run consequences of industrial protection.
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The History of Protectionism and Industrial Policy
Protectionism and state industrial policy were the actual developmental strategy of every successful 19th-century industrializer, from Hamilton's America to Bismarck's Germany to Meiji Japan. This article examines the gap between what successful developers did and what they preached to others.
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The History of Economic Sanctions and Trade Warfare
A historical survey of economic sanctions and trade warfare from antiquity to the present day, examining why coercive economic statecraft so rarely achieves its political objectives. From the Megarian Decree to Napoleon's Continental System and the League of Nations' failed response to Italian aggression, the record is uniformly sobering.
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The Extraterritorial Problem: Can Brussels Govern Chinese AI?
The EU AI Act's extraterritorial scope theoretically covers Chinese AI exported to Europe. In practice, enforcement is nearly impossible. Here's what that asymmetry means.
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How American Tariffs Built Industrial Capacity
Examine American tariff policy as industrial development strategy — Hamilton's Report on Manufactures, the Morrill Tariff, Henry Clay's American System, the infant industry argument's empirical track record, and what American tariff history reveals about when protectionism aids development versus merely protecting inefficiency.
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How Free Trade Ideology Emerged
From Ricardo's comparative advantage to the Anti-Corn Law League, free trade ideology emerged from a specific moment of British industrial dominance. Its history shows how economic theory serves national interest.
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The History of the Grain Trade and Urban Food Security
The grain trade was the most consequential commodity market in pre-industrial history, and the political economy of urban food security — from the Roman annona to the British Corn Laws — determined the fate of governments, cities, and entire civilizations. This is the economic history of humanity's most urgent commercial problem.