Rich countries open their borders to trade. Quick question: could you manufacture all by yourself the computer on which you’re reading this opinion piece? Could you source and create the thousands of inputs that go into what on its face is fairly simple? If so, you’re in possession of superhuman mechanical skills. At the same time, ... MORE
Showing posts with label imports. Show all posts
Showing posts with label imports. Show all posts
The 5 Most Troubling Things in Congress’ New Spending Bill
by Romina Boccia. Yesterday evening, the House of Representatives released its stopgap spending measure which blindly continues the bloated spending in the January omnibus bill that included special-interest handouts, wasteful and unnecessary energy spending, and transportation boondoggles. Instead of debating and voting on ... MORE
Veronique de Rugy: The Crony Capitalism Machine
The Export-Import Bank is inefficient and immoral. Congress will soon debate the fate of the U.S. Export-Import
Bank, an outfit that doles out money to favored corporations and
foreign governments. For 80 years, the bank and the crony
capitalists it supports have defeated every attempt to shut it
down. But that may slowly be changing. ... MORE
Labels:
banking,
crony capitalism,
cronyism,
exports,
government,
imports,
politics,
special interest
VIDEO: Milton Friedman - Principles Of Trade
Professor Friedman on imports, exports and exchange rates.
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