Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts

Walter Block: Why You Should Want Blackmail To Be Legal

Blackmail would diminish real crime.  At first glance it is not hard to answer the question, "Is blackmail really illegitimate?" The only problem it would seem to pose is, "Why is it being asked at all?" Do not blackmailers, well, blackmail people? And what could be worse? Blackmailers prey on people's dark, hidden secrets. They      ... MORE

Tim Worstall: Capitalism Will Help The Absolutely Poor

The rising tide that lifts all ships.  There’s a tendency for people to think that this greed for filthy lucre that capitalism harnesses so well won’t in fact help those who are absolutely poor. Because those absolutely poor, defined as living on less than $1.90 a day, don’t have much money. So, how and or why would anyone exploit them in order to   ... MORE

Economics Is About Scarcity, Property, and Relationships

by Michael J. McKay.   The other day I was having coffee with a new friend, a retired businessman who had customized luxury cars in California. I mentioned I had recently retired from owning an investment firm and had studied economics for many years, especially Austrian economics. Like so many people, he said, “I really don't understand economics    ... MORE

How Climate Change Activism Harms Third World Countries

by Shikha Dalmia.   To avert a tragedy, they'll cause one. You wouldn't know it from the happy spin emanating from the Oval Office, but a Third World revolt in Bonn, Germany, this week almost derailed the Paris climate change negotiations in November. Although peace has been restored for now, it only happened by papering over this       ... MORE

The National Security Case For Free-Market Energy

by James Carafano.        The House has passed legislation calling for liberalizing energy exports.  Two Senate committees have approved similar bills.  Whether the legislation becomes law this year remains unknown.  But even if the bill doesn’t make it, pressure on Washington will continue to build. At the height of the “energy crisis” in the 1970s,      ... MORE

Lawrence J. McQuillan: The United States Of America Now Has Less Economic Freedom Than Chile, Jordan, Or Taiwan

The verdict on hope and change is in.    Today the Fraser Institute in Vancouver, Canada, released the 2015 Economic Freedom of the World Report (pdf) and it’s bad news for the United States, where economic freedom is falling. The U.S. ranks only 16th in economic freedom trailing Chile, Jordan, and Taiwan. The EFW Report measures the level  ... MORE

Sheldon Richman: Trumps Trade Snake Oil

High import taxes won't "make America great" again. Donald Trump may think the media stenographers are out to get him, but if they were really doing their job, his head would be spinning. He doesn't know how good he has it. Or maybe he does. One need only think about the questions Trump is not asked to see what I mean. Take Trump's  ... MORE

Trump Cured A Cancer -- 'Political Correctness'

by Barry Farber. If Donald Trump were to cure cancer, wouldn’t you feel like thanking him? Even if you were another Republican competing for the GOP presidential nomination, you’d want to thank him. Even if all of your Mexican relatives were priests and missionaries and not drug dealers and rapists, you’d still want to thank him. So go ahead!       ... MORE

VIDEO: What Makes America Different?

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     ... MORE

Leaked 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  ... MORE

Steve 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   ... MORE

John 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