All Posts Tagged With: "tariff"

Civil War and the American Political Economy: Response to a Critic

When there are important material interests at work, they necessarily enter into an historical explanation.

16May2011 | Joseph R. Stromberg | 7 comments | Continued

Making a Bad Bill Worse

How do you make a dreadfully bad piece of legislation—the nearly $800-billion so-called “stimulus” bill—worse? Simple: Add protectionism. The “Buy American” provision of the stimulus bill, which mandates the use of domestic iron, steel, and manufactured goods even if imports are cheaper, makes our trading partners nervous. That created a problem for President Obama: “I [...]

24Apr2009 | John Stossel | 5 comments | Continued

Globalization: Extending the Market and Human Well-Being

Much of the prosperity of today’s world arises from the division of labor. Globalization, by extending the market’s scope to the entire world, enables the division of labor to become as developed as the current world population allows. However, to be truly in the interests of consumers and a boon to economic prosperity, globalization needs to occur spontaneously through the workings of the unhampered free market. Government attempts to meddle with this process—even with the sincere intent to facilitate or accelerate it—will only undermine its efficacy at benefiting us all.

1Apr2009 | Gennady Stolyarov II | 2 comments | Continued

The Topsy-Turvy Tariff Tangle

Dr. Curtiss is a member of the staff of the Foundation for Economic Educate. Had William Mckinley been a visitor at the 84th Congress of the United States in 1955, and listened to the arguments for and against protective tariffs, he would have felt right at home. Sixty years ago, McKinley was a leading proponent [...]

1Nov1955 | W. M. Curtiss | 2 comments | Continued
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