All Posts Tagged With: "globalization"
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 Persistent Influence of Bad Ideas
Sometimes books, and the ideas they contain, have a much longer-lasting impact than anyone would expect or realize. Long after the book itself has been forgotten and languishes unread in the reserve stacks of libraries or on the shelves of secondhand-book dealers, the ideas it puts forward continue to influence people and the way they [...]
1Jul2005 | Stephen Davies | 0 comments | ContinuedThe Great Outsourcing Scare of 2004
Last year a protectionist wind filled the air. All the good jobs, Americans were told, were disappearing faster than one could say “New Delhi.” On opening his local newspaper, the typical American would find articles alerting, “As job exports rise, some economists rethink the mathematics of free trade.” Or: “Thomson Trims 1,535 Jobs by Shifting [...]
1Mar2005 | Jude Blanchette | 2 comments | ContinuedThe Facts about World Hunger
Jim Peron is editor of Free Exchange, a monthly newsletter, and the owner of Aristotle’s Books in Auckland, New Zealand. The headline in the New York Times screamed: “World Hunger Increasing, New U.N. Report Finds.” Coming as it did just two days before Thanksgiving, the irony couldn’t be lost on the average reader. The opening [...]
1Sep2004 | James Peron | 2 comments | ContinuedBook Reviews – September 2004
The Company of Strangers: A Natural History of Economic Life by Paul Seabright Princeton University Press • 2004 • 304 pages • $29.95 Reviewed by Richard M. Ebeling One of the most profound insights of economics is that the activities of billions of people can be coordinated without central direction and without most of these [...]
1Sep2004 | FEE Admin | 0 comments | ContinuedAntiglobalists Are Scarce in Poor Countries
Whenever some international conference on world trade takes place, without fail the organized forces of antiglobalization appear outside the gates. They whine; they protest; they frequently riot and attack. If you ask them, they’ll tell you that what they do is justified because they represent the world’s poor. Rarely are the protesters themselves poor. They [...]
1Jun2004 | James Peron | 0 comments | ContinuedFree Markets, the Rule of Law, and Classical Liberalism
The history of liberty and prosperity is inseparable from the practice of free enterprise and respect for the rule of law. Both are products of the spirit of classical liberalism. But a correct understanding of free enterprise, the rule of law, and liberalism (rightly understood) is greatly lacking in the world today. Historically, liberalism is [...]
1May2004 | Richard M. Ebeling | 1 comment | ContinuedGlobalization and Free Trade
Freedom of trade is really a very simple concept. Each individual should be at liberty to buy from and sell to whomever he wishes on mutually agreed-upon terms. Whether the partners to this trade live next door to each other or are separated by thousands of miles should make absolutely no difference to the logic [...]
1Apr2004 | Richard M. Ebeling | 6 comments | ContinuedBook Reviews – October 2003
The Illusion of Victory: America in World War I by Thomas Fleming Basic Books • 2003 • 543 pages • $30.00 Reviewed by Richard M. Ebeling Imagine how different the twentieth century might have been if Lenin and the Bolsheviks had never come to power in Russia in 1917 and had not set in motion all the cruel crimes that were [...]
1Oct2003 | FEE Admin | 0 comments | ContinuedBook Review: In Defense of Global Capitalism, by Johan Norberg
In Defense of Global Capitalism by Johan Norberg English translation by Roger Tanner. Timbro • 2001 • 291 pages • $11.95 paperback Reviewed by Donald J. Boudreaux In Defense of Global Capitalism fully accomplishes the goal revealed by its title. Here, Swedish historian and political writer Johan Norberg adeptly explains why free trade and free [...]
17Mar2003 | Donald J. Boudreaux | 0 comments | ContinuedAirline Protectionism Hurts Travelers
In one form or another the U.S. government has regulated the domestic airline industry since 1930. The imposition of various rules and regulations has kept the industry from becoming as efficient as it might have become had it evolved in a free market. While many controls ended in 1978 and the Civil Aeronautics Board (CAB) [...]
1Oct2002 | and Paul A. Cleveland | 1 comment | ContinuedHow’s the Third World Doing?
The Third World is in trouble. Standards of living are plummeting, while the West is getting richer. Nearly everyone seems to believe it. The left wants to believe it as a justification for global socialism. Racists want to believe it because it “proves” the superiority of the white race. The media think it’s a good [...]
1Sep2002 | James Peron | 0 comments | ContinuedThe Contradictions of Capitalism
We advocates of individual rights and free markets can’t win the intellectual debate with the ideological left. That’s because there is no intellectual debate with the left. There can’t be a debate since the opponents of capitalism are simply not open to rational discussion. They know that capitalism is inherently evil, and no argument, no [...]
1Aug2002 | James Peron | 0 comments | ContinuedChairs, Hamburgers, and Persons
Suppose you owned a furniture store, and someone asked you what you sold. You would probably say “furniture.” Likewise, if someone invited you to lunch, you would go to a restaurant for something to eat. The use of such words as “furniture” and “lunch” is common, and these words serve a useful purpose in communicating. [...]
1Jul2002 | John T. Wenders | 1 comment | ContinuedThe Race to the Top
The inveterate complainers who jump at any opportunity to smash windows to protest globalization are fond of saying that globalization means “a race to the bottom.” Supposedly, unfettered worldwide trade and competition are bad because they will drive down wages, living standards, environmental conditions, and so on. Just as Karl Marx tried to frighten people [...]
1Jul2002 | George C. Leef | 0 comments | ContinuedAfter That
“Somewhere in the world today walks the next Marx. But he is not a communist. . . . Nonetheless, he or she will attempt to seize upon the trends behind today’s headlines to shape a competitor to ‘American capitalism’ that the disenfranchised in nations around the world can embrace.” —DAVID ROTHKOPF1 David Rothkopf, chairman and [...]
1Jun2002 | Norman Barry | 2 comments | ContinuedAnti-Trade: A Vortex of Absurdity
Barry Loberfeld is a freelance writer. Among the more intriguing examples of junk e-mail to come in over the electronic transom of late was this parable for our times: Joe Smith started the day early, having set his alarm clock (MADE IN ARGENTINA) for 6 a.m. While his coffeepot (MADE IN CHINA) was perking, he [...]
1Jan2002 | Barry Loberfeld | 0 comments | Continued-
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