Trade
Politics, Manufacturing, and Change
Saturday, October 25th, 2008In the United States, the victorious presidential candidate must win a majority of the electoral votes. Almost all states are winner takes all. The magnitude of victory or defeat is irrelevant, all that matters is the outcome. It is not surprising then, that presidential candidates spend most of their time campaigning in […]
Republican Agricultural Subsidy Delusions
Sunday, December 2nd, 2007I found the Republican CNN/YouTube debates very entertaining. If you missed them you can check out the transcript here. While I disagree with Huckabee on a number of issues, I found him to be very personable and humorous. Thompson had a great sense of humor, but didn’t seem the least bit presidential. The most interesting […]
From the Latest Economist
Sunday, December 2nd, 2007Two things caught my attention. On oil subsidies in developing countries:
In India, as in many countries, the government dares not allow the rising price of crude to be felt in the common man’s pockets. Only a third of the 48 developing countries studied in an IMF review let the market set fuel prices. The […]
Where have all the free-traders gone?
Thursday, November 15th, 2007According to an early October WSJ poll, 59% of Republican voters think that foreign trade is bad for the economy. These voters agreed with the statement:
“Foreign trade has been bad for the U.S. economy, because imports from abroad have reduced demand for American-made goods, cost jobs here at home, and produced potentially unsafe products.”
It […]