For about 20 years, Ray Keating wrote a weekly column - a short time with the New York City Tribune, more than 11 years with Newsday, another seven years with Long Island Business News, plus another year-and-a-half with RealClearMarkets.com. As an economist, Keating also pens an assortment of analyses each week. With the Keating Files, he decided to expand his efforts with regular commentary touching on a broad range of issues, written by himself and an assortment of talented contributors and columnists. So, here goes...

Thursday, February 6, 2020

Happy Birthday, President Reagan! Thanks for Being a Leader on Free Trade

by Ray Keating
The Keating Files – February 6, 2020

President Ronald Reagan’s birthday is February 6. On this date, let’s take note that President Reagan was a free trader, given that so many in the political arena today, both Republicans and Democrats, need reminding of why free trade helps everyone.


For example, in a November 17, 1988, address, Reagan said: “As we pursue global trade negotiations, the United States believes that the future belongs to those who lower trade barriers. These are the countries that will be in the forefront of technology. These are the countries that will see their living standards rise most quickly. And these are the countries that will lead the world in the years ahead. We can go forward into the future or slip back into the protectionist past.”

And as quoted from another speech in FREE TRADE ROCKS!, Reagan said: “Part of the difficulty in accepting the good news about trade is in our words. We too often talk about trade while using the vocabulary of war. In war, for one side to win, the other must lose. But commerce is not warfare. Trade is an economic alliance that benefits both countries. There are no losers, only winners. And trade helps strengthen the free world.” 

Learn more about the free trade that Reagan supported in my book FREE TRADE ROCKS! 10 POINTS ON INTERNATIONAL TRADE EVERYONE SHOULD KNOW.

Get paperbacks or Kindle editions of FREE TRADE ROCKS! at https://www.amazon.com/dp/168841245X

Signed books are available at https://raykeatingonline.com/products/freetrade

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Ray Keating is a columnist, an economist, a novelist (his latest novels are The Traitor: A Pastor Stephen Grant Novel, which is the 12thbook in the series, and the second edition of Root of All Evil? A Pastor Stephen Grant Novel with a new Author Introduction), a nonfiction author (among his recent works is Free Trade Rocks! 10 Points on International Trade Everyone Should Know), a podcaster, and an entrepreneur. The views expressed here are his own.

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