Sunday, March 5, 2017
The Zero-Sum World of Donald Trump
Richard Ebeling emails:
The Nassau Institute has posted a video of my February 21, 2017 talk, “The Zero-Sum World of Donald Trump,” which was the Second Annual Joan Thompson Memorial Freedom Lecture, sponsored by the free-market Nassau Institute in the Bahamas.
I argue that Trump might not be the Devil Incarnate that many on “the Left” have portrayed him as, but neither is he the savior of freedom and free enterprise that a good number of those on “the right” are hoping to be the case.
He is, in fact, a political and economic nationalist who expresses little or no concern or interest in individual liberty or constitutionally limited government as principles to be espoused, preserved or restored. His call is for “national greatness” through an interventionist policy perspective of “America First.”
Tax cuts and deregulation of business and industry are not seen as desirable policy goals to restore and expand freedom of choice and decision-making to the citizens, per se. Rather, in Trump’s worldview they are means and methods to foster “American” industry and manufacturing, and “American” jobs for “Americans.”
And he has threatened the use of those same fiscal and regulatory tools to threaten and punish consumer choices and business investment decisions that he considers not facilitating his conception of American “greatness.”
His mindset is filled with Mercantilist fallacies and confusions about international trade, investment and competition that if implemented would only serve to reduce various commercial freedoms in America and hamper a market-based and sustainable pattern of growth and improved standards of living for Americans and many others in the world.
The task for friends of freedom is to make clear how and why Trump’s way is the wrong way for a free and prosperous America.
Following the introductions, my comments begin around 17 minutes into the video.
at 4:21:00 PM