Griswold Busts Another Trade Myth
From Cafe Hayek
March 16, 2017 - 1:55pm
TweetMy Mercatus Center colleague Dan Griswold exposes the fallacies that infect Trump trade advisor Peter Navarro’s (and Warren Buffett’s) claim that foreign inflows of capital (such as occur whenever the U.S. runs a trade deficit) result in a takeover of the U.S. by foreigners. A slice: From 2000 through the third quarter of 2016, the […]
The post Griswold Busts Another Trade Myth appeared first on Cafe Hayek.
Continue reading this article »