All Posts Tagged With: "Export-Import Bank"
Help for the Downtrodden Corporate Exporter
The Ex-Im Bank grows out of the mercantilist belief that the wealth of nations is determined by a “favorable balance of trade.” Therefore the level of exports is crucial and government promotion is paramount. All balderdash, of course.
12Nov2010 | Sheldon Richman | 8 comments | ContinuedWelfare for the Rich
Advocates of the free market—including those considered “right-wing” and “conservative”—believe it is wrong to violate property rights. Consequently, they oppose egalitarian measures to steal from the rich and give to the poor. Such “income redistribution” represents naked theft and epitomizes the Founding Fathers’ fears of unfettered democracy. At the same time, champions of laissez faire [...]
1Apr2007 | Robert P. Murphy | 10 comments | ContinuedBudgetary Immortality
America will soon have a new president, and that means a new budget. Successive administrations and congresses routinely claim that they’ve squeezed the last possible unnecessary cent out of their spending proposals. But such claims simply cannot be taken seriously.
1Feb2001 | Doug Bandow | 1 comment | ContinuedKill Big Business’s Bank
Doug Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books, including Tripwire: Korea and U.S. Foreign Policy in a Changed World. The federal government is full of programs designed to benefit one or another special interest. Like the Export-Import Bank. The Bank, which [...]
1Dec1997 | Doug Bandow | 0 comments | ContinuedTo Gain Respect
The Honorable Spruille Braden, veteran diplomat, former Ambassador to Argentina, Cuba, and Colombia; also Assistant Secretary of State, Our government aid to other nations may put them in the almshouse along with us. We must both merit and demand respect if we are to successfully conduct our diplomatic and other foreign relations. A distinguished and [...]
1Aug1956 | Spruille Braden | 0 comments | Continued-
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