Globalization Faces Challenges

Globalization Faces Challenges

Those countries that embrace free trade with new technologies stand to reap great rewards. Those who do not, and revert to trade protectionism, could experience economic recession and monetary adversity accompanied by serious social and financial upheaval.

The Truth About Free Trade, Free Markets and Capitalism

The Truth About Free Trade, Free Markets and Capitalism

Americans will most gain from whatever trading opportunities that may offer themselves around the globe if the U.S. government follows a strict and principled policy of unrestrained and unrestricted free trade with any and all nations of the world.

The Most Common Error in Economic Debates

The Most Common Error in Economic Debates

Have you ever been in an argument about whether we should raise taxes and then someone tosses out a real whopper? “The top tax rate for decades after World War II was over 90% and look how the economy boomed!” Or perhaps you read a Paul Krugman column where he said...

The Only "Fair" Trade is Free Trade

In a recent defense of what he calls “fair trade,” Barack Obama stated that one major purpose of trade agreements is to ensure that American products are made at home — not bought from other countries. No such thing is true. The purpose of any trade...

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