"The Red Pill Magazine" Column "A Person in Economics"

April 1, 2025

Trade is Natural, Tariffs are Hard to Change

The editor-in-chief opens the topic of globalization vs. localization. Global trade volume had been rising before 2018, stagnated between 2018 and 2020, rebounded and peaked in 2021 and 2022, but stagnated again in 2023 and 2024. The evidence for deglobalization is not very obvious.