by Blake Clayton. Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil, but that has changed. Oil production has grown more in the United States over the past five years than anywhere else in the world, even as ... MORE
Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts
The Case For Allowing U.S. Crude Oil Exports
by Blake Clayton. Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil, but that has changed. Oil production has grown more in the United States over the past five years than anywhere else in the world, even as ... MORELeaked TISA Documents Reveal Another Privacy Threat
by Emma Woolacott. Under the draft provisions of the latest trade deal to be leaked by
Wikileaks, countries could be barred from trying to control where their
citizens’ personal data is held or whether it’s accessible from outside
the country. Wikileaks has released 17 documents
relating to the Trade in Services Agreement (TISA), currently ... MORE
Steve Chapman: The Democrats Abandon Free Trade
What happened to bipartisan consensus? For a long time, there was a bipartisan consensus for free trade. President George H.W. Bush, a Republican, negotiated the North American Free Trade Agreement, and Democrat Bill Clinton got it passed. It prevailed in the Senate in 1993 with the support of 27 Democrats and 34 Republicans. The consensus ... MORESteve Chapman: False Fears About Free Trade
Demonizing freedom is always a mistake. Political debates often pit fear against hope, and when it comes to international trade agreements, many Democrats prefer to scare. It's a durable strategy that they can't relinquish—even though it usually fails. If you're going to make a horror movie, you need a villain who can make your blood run ... MOREJohn Stossel: Ignorance
No wonder Cuba wallows in poverty. Last week, the New York Times reported that the Castro brothers opened a special business zone where foreign companies "would be given greater control over setting wages at factories. ... (P)roposals would be approved or rejected within 60 days." What? If I want to give someone a raise, I have to wait up ... MORE
Cuban Communism: Its Days Are Numbered
by Barry Farber. It was already doomed. Over 99 percent of 3-year-olds believe the glass screen on a television set is to keep the people from falling out. And that’s smarter than what their parents are saying to each other and hearing from the media about Cuba, Obama the Castro brothers and this over-hyped, totally misunderstood, non- ... MORE
Rand Paul Knocks Out Marco Rubio Like Ali Over Foreman
by Bruce Fein. Sen. Rand Paul, Kentucky Republican, has delivered a knock out punch against Sen. Marco Rubio to normalization of relations with Cuba to benefit the United States. The punch was as decisive as Muhammad Ali’s knock out of George Foreman in the Rumble in the Jungle 40 years ago. Mr. Rubio’s presidential ambitions are ... MORE
Measure To Tax Internet Sales Is Dead For A Year
by Sean Higgins. Legislation to tax Internet sales is dead for the year, a key Senate aide said. No bill allowing the taxation will be taken up before Congress' lame-duck session ends, meaning that purchases made through online merchants such as Amazon will continue to be tax-free for the foreseeable future. A coalition made up of state and ... MOREThe Bad Policy That Created The Great Chocolate Shortage
by Tim Worstall. The last few days have seen us regaled with a serious of stories about how the world is going to run out of chocolate. That would be, I think we can all agree, almost as bad as running out of bacon. So it’s worth thinking through the reasons as to why we might be running out. After all, cocoa, from which chocolate is made, is a plant, ... MOREJaana Woiceshyn: Business As A Moral Endeavor
The ones who make our lives better. When I tell people that I teach business ethics, I am often told that it is an oxymoron because business cannot be moral. That view is common, thanks to the wide acceptance of altruism as a moral code. The view is also mistaken, and we should be concerned because such a view hampers the ability ... MORECarol Roth: It's Time To Legalize Insider Trading
A subtle and sophisticated understanding. M&A (mergers and acquisitions) is on fire again, and according to a new study from professors at the Stern School of Business at NYU and McGill University, so is insider trading. The study says that up to a quarter of all M&A deals may foster some level of insider trading. As insider trading is clearly ... MOREJaana Woceshyn: Income Levels Is Not A Social Issue
Don't take your eye off the ball. I have resisted writing about the perceived problem of inequality in income and wealth; Thomas Piketty’s book, Capital in the 21st Century, has received too much unjustified attention already. But I gave in because I think what I have to add to the debate helps in rejecting Piketty’s argument that ... MOREPooja Kaushik: What Is A Free Market?
The basics of economic freedom. In a free-market economy, the forces of supply and demand are free of interference by a government, other authority or price-setting monopolies. In a controlled market or regulated market, a government intervenes in demand and supply through various non-market methods such as, laws that creates barriers ... MORESonny Bunch: Stifling Commerce
Government smothers what it's supposed to promote. "I ran for office pledging to make our government leaner and smarter and more consumer friendly," President Barack Obama reminded a group of small businessmen at a January 2012 White House gathering. You can see why the audience needed a refresher course. The president's ... MORE
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