Does Trump understand how a free market works? From those parts of his economic proposals that make the news and big headlines, it seems he does not. He talks about old industries and jobs. He talks about tariffs and taxes, currency values, immigrants, steel, autos, oil and coal. He wants to bring back an industrial age that’s gone and an economy that’s gone, and he doesn’t aim to restore it by free markets. He wants government-made incentives. He does talk about reducing regulations for hampered industries, but he has a silly mechanical approach to that, which is eliminate two regulations … Continue reading Does Trump Understand Ramifications of New Techniques and New Industries?