Liberals in Congress no longer believe in the benefits of free trade, but Africa still does. Bloomberg reports: Southern African countries will launch a free trade area on Aug. 17, when their leaders meet in Johannesburg, to boost trade and economic growth in the region. The 14-member Southern African Development …
In a shocking report by the brilliant British think tank Open Europe, it’s revealed that the European Union employs vastly more people than the British army. More than 170,000 people now work for the EU institutions, both directly and indirectly, with just 107,000 in the UK army. With masterful deception, …
“As I write, Russia is waging war on my country,” Georgia President Mikheil Saakashvili begins his Wall Street Journal op-ed. He continues: On Friday, hundreds of Russian tanks crossed into Georgian territory, and Russian air force jets bombed Georgian airports, bases, ports and public markets. Many are dead, many more …
Debunking myths about the supposed harm free trade inflicts on U.S. manufacturing, Cato Institute’s Daniel Ikenson notes: While the rest of U.S. manufacturing has recovered, Michigan’s manufacturing economy remains stagnant. Real GDP growth between 2005 and 2006 in Michigan ranked dead last among the 50 states. Meager manufacturing value-added growth …
This week The Heritage Foundation’s ‘What Would Reagan Do” campaign asks, “Why did Reagan value economic freedom?” You can check out the WWRD page for the answer, but in the meantime here is what President Reagan said when signing “America’s Economic Bill of Rights” on July 3, 1987: Inextricably linked …
With the Doha Round of WTO trade talks grounded, any growth in U.S. trade opportunities will have to come from Free trade agreements. As the International Trade Administration documents, trade with countries that the United States has FTAs was significantly greater than their relative share of the global economy. Although …
U.S. agriculture subsidies are again threatening American leadership on free trade. The Financial Times reports: Brazil is preparing to take action against the US over what it says are illegal subsidies and other trade barriers following the collapse of the Doha round of talks at the World Trade Organisation in …
