July 23, 2018

My Trade Deficit With Grocery Stores and the Local Laundry

Bruce Yandle

Distinguished Adjunct Fellow

Does it make sense for nations to demand a trade balance with each member of the international community? To hear some policymakers tell it, the answer is yes. Bruce Yandle takes on this assumption with an economic analogy from his own life.

Read it here: My trade deficit with grocery stores and the local laundry