Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts
Matthew Yglesias: Why Price Gouging Is Necessary
Getting supply to where it is needed most. Some more words on price gouging, as New York and New Jersey are increasingly afflicted by gasoline shortages. There are three issues we need to look at here. One is allocation, one is short-term supply, and one is long-term supply. A lot of people seem to want to look at this purely as an allocative ... MORESupreme Court To Determine Legality Of Reselling
Testing the boundaries of copyright laws. All eyes will be on Justice Elena Kagan on Monday, when the Supreme Court considers a copyright case that some fear could prevent people from reselling certain products they own such as the iPhone, as she may have the deciding vote. In a case that tests the boundaries of copyright law, ... MOREGlenn Greenwald: The Illusion Of Choice
The issue is how much they agree. Wednesday night's debate between Barack Obama and Mitt Romney underscored a core truth about America's presidential election season: the vast majority of the most consequential policy questions are completely excluded from the process. This fact is squarely at odds with a primary claim made about ... MOREMoorad Choudhry: In Defense Of The Free Market
The freedom to choose. I don’t imagine that too many of you would have heard of Easterhouse, a
Manchester band from the 1980s that recorded some electrifying songs
with a strong political content on the (also Manchester-based) Rough
Trade label. They were never on Top of the Pops or MTV. I saw them live a
couple of times, let's put it ... MOREWashington Times: Obama's Internet Tax
FCC should not impose multibillion-dollar tax the web. The government doesn’t handle technology well. When Uncle Sam comes into contact with something new, his first instinct is to impose familiar regulations and taxes regardless of whether doing so makes any sense. So it’s no surprise the Federal Communications Commission (FCC) ... MOREMoms Risk Arrest To Take Stand For Voluntary Exchange
by Adam Helfer. Two groups of activists known as the ‘Raw Milk Freedom Riders’ and ‘Lemonade Freedom Day’ are taking their raw milk and lemonade to the lawn of the US Capitol to celebrate what they call their right to voluntary exchange. Recent shut downs of children's lemonade stands and swat-style raids on small farmers have inspired ... MOREVIDEO: Milton Friedman - Principles Of Trade
Professor Friedman on imports, exports and exchange rates.
The Free Market Doesn't Need Government Regulation
by Sheldon Richman. Most people believe that government must regulate the marketplace. The only alternative to a regulated market, the thinking goes, is an unregulated market. On first glance that makes sense. It’s the law of excluded middle. A market is either regulated or it’s not. Cashing in on the common notion that anything unregulated ... MORESheldon Richman: Stop Complaining About Outsourcing
Sowing the seeds of a trade war. When economic times are bad, animosity is directed at foreigners: “They’re taking our jobs!” So it’s unsurprising that the presidential campaigns feature charges and countercharges about outsourcing, the employment of foreign labor by American companies. This is a dangerous game because it sows ... MOREJohn Stossel: Myths We Live By
Why such faith in government? The Olympics have gone smoothly despite -- gasp! -- America's team wearing clothing made in China at the opening ceremony. "I'm so upset," said Senate Majority Leader Harry Reid. "Take all the uniforms, put them in a big pile, and burn them. ... We have people in the textile industry who are desperate for jobs." Here ... MORE
Harry Binswanger: Outsourcing Is America At Its Best
Why Obama and Romney are wrong on outsourcing. Mitt Romney and Barack Obama are currently fighting over who is the more patriotic. Obama slams Romney for having outsourced jobs to China during his Bain Capital days. Romney punches back by labeling Obama “Outsourcer in Chief.” The latest is that both John Boehner and ... MOREMichael Tanner: Romney's Chance To Embrace Outsourcing
He should point out the benefits of capitalism. There is a story, perhaps apocryphal, that Milton Friedman was touring the Chinese countryside when he came upon a government project where workers were digging a canal. Friedman was surprised that instead of bulldozers and modern earth-moving equipment, the workers were ... MORE
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