Macro Musings with David Beckworth cover image

Colin Grabow on Current Trends in US Trade Policy and the Adverse Impact of the Jones Act

Macro Musings with David Beckworth

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Globalization and Trade

globalization means diversity of supplies. It means redundancies in the system, it means not having all your eggs in one basket. There can be some downsides with relying on certain foreign countries for certain products. But you know, it's much preferable to the alternative. You look at countries that most entirely strive to be self reliant. We're talking about north crea. That's not the road we want to go down.

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