

The Misery of Mercantilism
A return to Renaissance thought appeals to artists and scientists, not to economists. That a country forged in a revolt against tariffs would return to mercantilism highlights the change in the global economic order. Multiplying this choice is the venture away from free markets and ideas to one of state-controlled regulation. The incongruence of these policies with the global dominance of US companies, which extract monopolistic rents from foreign consumers. 200 years of grow



