Vincent Geloso, senior fellow at AIER, is an assistant professor of economics at George Mason University. He obtained a PhD in Economic History from the London School of Economics.
Protectionism is currently in vogue, gaining support from both the left and the right. This isn’t the first time. As protectionism’s popularity ebbs and flows, it remains a constant presence. Each resurgence is driven by variations of the same argument, particularly the infant industry argument. The argument is straightforward: protectionism, through tariffs or subsidies, helps...
The experience of poverty is debilitating and leaves deep scars. People who have experienced poverty are observed to have lasting health, educational, and psychological consequences. Prolonged spells below the poverty line are also associated with social isolation because, when in that situation, attempts to deal with the consequences of material privation necessitate a decline in...
Every year for more than a decade, various think tanks in Canada, the United States, and the United Kingdom produce a “bombshell” study where they state that the Chief Executive Officers (CEOs) of the largest corporations earn many times the income of the average worker. For example, the Canadian Centre for Policy Alternatives (CCPA) published...