All Posts Tagged With: "free trade"
No Bad Apple?
It’s a little surprising that Occupy Wall Street protesters haven’t condemned Steve Jobs, one of the leading members of the “1 percent.”
18Oct2011 | Sandy Ikeda | 16 comments | ContinuedThe Right Amount of Manufacturing
Mark Perry, an economics professor at the University of Michigan, recently pointed out that in 2009 the U.S. economy had the world’s largest manufacturing sector. (The most recent data show that China’s sector edged out the United States because of our slow economic recovery.) Every year since 2004 U.S. manufacturing output, in constant 2005 dollars, [...]
22Jun2011 | David R. Henderson | 7 comments | ContinuedHow an Economy Grows and Why It Crashes
Ignorance of economics is rampant. The average person believes the secret to prosperity is consumption and was often led to that fallacy by professional economists who should know better. Economic education in the universities has been as much a part of the problem as the solution, with millions of students taught Keynesian beliefs about government [...]
22Jun2011 | Robert Batemarco | 4 comments | ContinuedThe Importance of Subjectivism in Economics
After many years, Frédéric Bastiat remains a hero to libertarians. No mystery there. He made the case for freedom and punctured the arguments for state socialism with clarity and imagination. He spoke to lay readers with great effect. Bastiat loved the market economy, and badly wanted it to blossom in full—in France and everywhere else. [...]
23Mar2011 | Sheldon Richman | 1 comment | ContinuedWhat Economic Freedom Indexes Leave Out
In a syndicated column last October, television journalist John Stossel lamented the downgrading from sixth to eighth place—“behind Canada!”—of the United States on the Heritage Foundation/Wall Street Journal Index of Economic Freedom. The Index is based on several metrics, including freedom of movement of capital, the degree of business regulation, and levels of taxes and [...]
24Feb2011 | Kevin A. Carson | 6 comments | ContinuedTrading for Security
Americans tolerate a costly global national-security apparatus in part because they believe the country would be economically vulnerable without it.
27Aug2010 | Sheldon Richman | 9 comments | ContinuedMad About Trade: Why Main Street America Should Embrace Globalization
Free trade is the consumer’s best friend and a great contributor to peace. Pressing those ideas home is Cato Institute trade expert Daniel Griswold’s challenge in this book. He is mad for trade, while too many others are mad against trade. As an example of the latter, consider radio host and writer Lou Dobbs, who [...]
25Aug2010 | William H. Peterson | 1 comment | ContinuedWhy Globalization Works
Look at the foes of economic globalization and you’ll find a curious coalition. Some are left-wingers who oppose globalization because they oppose capitalism. But others are right-wing protectionists who don’t like foreign competition. The strength of the anti-globalist coalition has waxed and waned over time, but there is still a large number of people who [...]
13Jul2010 | Martin Morse Wooster | 0 comments | ContinuedExporting America: Why Corporate Greed Is Shipping American Jobs Overseas
It looks like a book. It’s priced like a book. It’s sold in bookstores and carried by libraries. But it’s not really a book. Exporting America is merely an extended, furious yelp by CNN’s Lou Dobbs. It has no index and no bibliography. Nor does it have a single citation to any of the alleged [...]
10Jul2010 | Donald J. Boudreaux | 5 comments | ContinuedTariffs are Legal Plunder
Everybody has an issue he reacts to most intensely. [Frederic] Bastiat’s was tariffs. And his most barbed comments were directed against those who favored governmental protection of national industry from foreign competition. He thought this legal method of cheating consumers by keeping prices above the market was a perfect example of how governments plunder their [...]
7Jul2010 | Dean Russell | 1 comment | ContinuedCapital Letters
Can There Be Free Trade in a Mixed Economy? To the Editor: Although I don’t see any flaws in your arguments about the theory of free trade in your column for the April 2004 issue of The Freeman, you should at least acknowledge the distortions in most any nation’s economy because of government intervention and [...]
5Jul2010 | FEE Admin | 0 comments | ContinuedUnions Lose Respect
I have often argued that American labor unions enjoy much more respect than they deserve. In February the Pew Research Center released the results of its latest nationwide survey of public opinion regarding labor unions. It seems that, at last, labor unions are suffering significant losses of respect. Table 1 shows the percentage of Americans [...]
29Jun2010 | Charles W. Baird | 8 comments | ContinuedFree Trade: The Great Prosperity Machine
Tom Palmer of the Atlas Foundation has another great video on basic economics. This one is on the blessings of free trade.
8Jun2010 | Sheldon Richman | 6 comments | ContinuedGlobalization: The Irrational Fear that Someone in China Will Take Your Job
With the Obama administration turning toward trade protectionism, this is a good time to revisit the age-old controversy over free trade. Recent arguments have often centered on the supposed evils of globalization, and Globalization attempts, with only partial success, to deal with globalization anxiety. According to Greenwald (who teaches in Columbia University’s Graduate School of [...]
20Apr2010 | Phil Murray | 0 comments | ContinuedHow Shall We Live?
What is civilization and how is it to be achieved? How can we live together in peace and social harmony? What is wealth and how do we acquire it? Why are so many people poor and why do they remain poor? Finally, are there objective standards of behavior that must be respected if societies are [...]
24Mar2010 | and Paul A. Cleveland | 1 comment | ContinuedThe Green-Economy Mirage
If you got an email offering you the chance to invest in a business that would create new profitable industries, employ millions of people, reduce energy consumption without reducing quality of life, and improve environmental quality, would you be skeptical? And if the email went on to claim that the technologies to do all this [...]
5Jan2010 | Andrew P. Morriss | 15 comments | ContinuedA Family of Heroes
In any major city, particularly a capital, the great majority of statues and memorials pay tribute to monarchs and presidents, priests, generals, and statesmen. This reflects the way history is commonly understood and taught: as the story of the achievements of those associated with political power, government, and war. Memorials to the historical figures associated [...]
23Sep2009 | Stephen Davies | 8 comments | Continued-
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