30/01/2017
Imports do not kill jobs – protectionism does
Protectionism defeats everyone and the resulting animosity leads to unemployment, followed by social unrest and even wars.
Enzio von Pfiel
Dr. Enzio von Pfiel is an Investment Strategist at Private Capital Limited. Born in Namibia and raised in America, Germany, he earned his Ph.D. in economics and worked for the world's three leading banks. He is now an independent investment advisor and a regular contributor to Bloomberg and CNBC. To read more about common trade myths debunked check out his book "Trade Myths: Globalization and the Trade Balance Fallacy"
28/11/2016
Another trade myth debunked – exchange rates do not drive trade
A ploy in the criticism of domestic policies that have fostered unemployment through trade, is to blame the exchange rates of a country that is running a large surplus with America.