Archive for Tom Welch
The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade
With the increasing trade of goods and services across national borders and the erosion of command economies, the enemies of the market have now become “anti-globalists.” To them, “globalization”—specifically, international trade and investment—is responsible for poverty and deteriorating living conditions, especially in underdeveloped countries. Prompted by a protester’s assertion about the squalid conditions in which [...]
1Apr2006 | Tom Welch | 0 comments | ContinuedThe Seven Myths of Gun Control: Reclaiming the Truth About Guns, Crime, and the Second Amendment
Guns increase the incidence of violent crime. Using a gun to deter crime is more dangerous to the intended victim than the perpetrator. Guns pose a special threat to children. Such statements, reinforced in the media, are accepted at face value by many Americans. But are they true? According to Richard Poe, editor of FrontPageMagazine.com, [...]
1Oct2002 | Tom Welch | 10 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More
