A recent kerfuffle about the use of Reagan's speech on trade highlights the difference between the fortieth and forty-fifth presidents.
Ronald Reagan deserves much praise for his stalwart commitment to free trade and lowering trade barriers. Even his most contentious policy—the Voluntary Export Restraint (VER) agreement with Japan—can be seen…
Reagan's attempts to suppress car prices ultimately made US-made cars less competitive and reduced employment in American factories.
To head off the slippery slope of protectionist interventions, Reagan convinced Japan to voluntarily limit auto imports.
Rather than risk starting a trade war by imposing “reciprocal tariffs,” Reagan encouraged domestic manufacturing by making it easier for other countries to import our manufactured goods.
"A new generation of Africans (Wade labels them the Cheetah Generation) are rejecting socialism and embracing entrepreneurship and markets as the path to human flourishing." ~Marcus Witcher
"This was not a product of capitalism, it was the direct consequence of government’s colluding with business to prevent a market for labor." ~Marcus M. Witcher and Patrick Schmucker
"In a way, the entire book is an act of transitional justice, a commitment to create institutional memory for the survivors of Jim Crow and the neighborhood-destroying government boondoggles of…