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Free Trade and Globalization
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Free Trade versus Protectionism
by Walter Williams
(November 26, 2008)
You never see consumers descending on Washington complaining about cheap prices for foreign products; it's always domestic producers who do the complaining.
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Anti-Free Trade Paradise
by Walter Williams
(April 16, 2008)
Presidential candidates Hillary Clinton and Barack Obama, pandering to anti-trade activists, suggest that should they become president, they will restrict trade agreements. Before you buy into their promised paradise, there are a few trade questions you might consider.
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Subsidized "Free Trade" Is Not Free Trade
by Ralph R. Reiland
(January 28, 2007)
For a small-scale corn farmer driven out of business in Mexico by the North American Free Trade Agreement (NAFTA), the fancy economic theories about the benefits of "free trade" might not seem too believable.
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Foreign Trade Angst
by Walter Williams
(October 18, 2006)
Do foreigners keep all those dollars they earned under a mattress? They are not that stupid. They use those dollars to import capital goods such as U.S. stocks, bonds and U.S. Treasury notes.
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Congress Should Repeal the Byrd Amendment.
by Edwin Feulner
(June 14, 2005)
Ironically, while the law was supposedly designed to protect domestic interests, American consumers are the real losers in all this. We pay twice for the Byrd Amendment: Once when government lawyers prosecute dumping cases and again when the prices we pay for goods go up.
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To Outsource or to Stagnate?
by Onkar Ghate
(July 26, 2004)
The opponents of "outsourcing" resent the growth a free society demands.
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Outsourcing: Threat or Menace?
by Don Luskin
(May 9, 2004)
But it's only under a policy of do-nothing economic freedom that we can maximize our chances to find the thing we're good at doing instead of making cheese, steel, or even wine.
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"Outsourcing" and "Saving Jobs"
by Thomas Sowell
(March 16, 2004)
Federal Reserve Chairman Alan Greenspan recently warned against setting off "a new round of protectionist steps." But anyone with any knowledge of history could have given the same warning.
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The Real Benedict Arnolds
by James K. Glassman
(March 16, 2004)
Sen. John Kerry is fond of calling CEOs who employ foreigners "Benedict Arnolds," after the despicable Revolutionary War turncoat. The traitors to American interests aren't CEOs seeking to boost profits that ultimately lead to more hiring at home. The real Benedict Arnolds are Kerry and his colleagues in Congress, like Sens. Hillary Clinton (D-NY) and Jon Corzine (D-NJ), who understand enough economics to know that outsourcing is trade and that trade -- as David Ricardo figured out 200 years ago and as Hillary's husband articulated in the 1990s -- benefits both parties.
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The Folly of Protectionism
by Wayne Dunn
(March 15, 2004)
Many think of free trade in terms of nations doing business. One hears that America has so many millions of dollars worth of trade with Taiwan, for example, and so many millions with Singapore. But actually the commerce is between companies, not countries.
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Next Article(s) >
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 Recommended Reading:
Capitalism: The Unknown Ideal
by Ayn Rand
Whether you are one of capitalism's alleged champions (Conservatives,
Libertarians, etc.), or actually one of its defenders (a rarity in today's
culture), or a part of the "humanitarian" lynch mob that seeks to burn a straw
man, or just a curious observer -- read Ayn Rand's
Capitalism: The Unknown
Ideal -- and then judge for yourself. |
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