5min chapter

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MAGA, Mercantilism & Mass Extinction: The Economics of a Shifting World Order

The David McWilliams Podcast

CHAPTER

Transition from Free Trade to Mercantilism: Economic Implications

This chapter explores the shift from a free trade society to a mercantilist economic approach, examining its implications. The discussion includes taxation differences between the U.S. and Europe, as well as the demand dynamics of inelastic products like pharmaceuticals.

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