I’m not saying that Trump has any idea what he’s talking about; he doesn’t. But we are living in a world where, for the time being — and maybe for a long time to come, if secular stagnation theorists are right — mercantilism makes a fair bit of sense. But then Keynes could have told you that.For a thorough takedown of mercantilism see Murray Rothbard's Mercantilism: A Lesson for Our Times?
-RW
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