All Posts Tagged With: "costs of production"
On Trade and Currency Manipulation
Americans are importing more from China. Protectionists abhor this fact. Explaining that American imports from China reflect nothing more sinister than the voluntary choices of American consumers does not satisfy simple-minded protectionists. It is sufficient that these imports take business away from some American producers. In the minds of simple-minded protectionists, international trade is harmful [...]
5Jan2010 | Donald J. Boudreaux | 10 comments | ContinuedAthletes’ Salaries Too High? Sports Fans, Blame Yourselves
Gene Callahan is the author of Economics for Real People. I was sitting in a sports bar recently when the bartender and three of the patrons near me began discussing the salary of New York Yankee third-baseman Alex Rodriguez. (Rodriguez currently makes roughly $25 million per season.) One of the customers said it was absurd [...]
1Jul2007 | Gene Callahan | 56 comments | ContinuedThe Graduated Gadinkus Tax
Dr. Harper is a member of the staff of the Foundation for Economic Education. It was New Year’s Day and Alonzo Brown had a headache. Not because he had imbibed too much, for he was a teetotaler. His head ached because he was making out his federal income tax return. The further he figured, the [...]
1Mar1956 | F. A. Harper | 0 comments | Continued-
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