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  • free trade

    Free Trade Fact of the Day

    The vast majority of economists agree that further reductions in trade barriers through the Doha Round of trade negotiations would spur economic growth around the world help lift millions of people out of poverty in developing countries. Unfortunately it does not look like the current President will get much progress … More

    Free Trade Fact of the Day

    No wonder hard core opponents of free trade like Sen. Sherrod Brown (D-OH) moved so quickly to push protectionist legislation after Barack Obama secured the Democratic nomination. They were worried that with need to pander to organized labor gone, Obama might start to acknowledge that the old bipartisan consensus that … More

    Free Trade Fact of the Day

    We know liberals in Congress no longer believe in free trade, but what about the world’s self described Marxists? If PoliticalAffairs.net, the destination for “Marxist thought online”, is any indication, Marxists are no fan of free trade and blame it for the world’s food crisis: For decades, neo-liberal trade liberalisation … More

    Free Trade Fact of the Day

    America’s allies have been expressing concern about the protectionist rhetoric coming from the liberal controlled Congress for some time now. The Detroit News reports that they are beginning to take preemptive action: The Canadian government — backed by American businesses including Detroit’s Big Three automakers — has launched a lobbying … More

    Free Trade Fact of the Day

    At least somebody in North America is still showing leadership on free trade. Unfortunately for U.S. consumers, it is not Congress which still refuses to approve free trade deals with Colombia and South Korea. But Canada is still forging ahead, inking a deal with Colombia earlier this month and Peru … More

    Free Trade Fact of the Day

    Since the United States abandoned the protectionist policies that helped cause the Great Depression it has been the world leader in bringing free trade to the rest of the world. Since the end of World War II, free trade has lifted billions out of poverty and decreased hunger worldwide But … More

    Congress Gambled on 100% Scanning and Came Up Short

    The Senate Committee on Commerce, Science and Transportation held a hearing today on container security. The bottom line was that 100 percent scanning of containers is not possible or practical much to the surprise of Senator Frank R. Lautenberg (D-NJ). This conclusion was made after the Department of Homeland Security … More

    Free Trade Fact of the Day

    Despite Speaker Nancy’s Pelosi’s (D-CA) best efforts to kill American leadership on free trade, Investor’s Business Daily sees hope for the Colombia Free Trade Agreement yet: In a release on Colombia’s presidential Web site, Trade Minister Luis Guillermo Plata said U.S. Treasury Secretary Henry Paulson advised him that efforts to … More

    Free Trade Fact of the Day

    American Enterprise Institute’s Roger Bate directs us to an important new study by economists Ann Owen and Stephen Wu titled “Is Trade Good for Your Health?” Bate summarizes: By analysing a variety of data from 219 countries over 35 years, they demonstrate that the citizens of economically freer nations are … More

    Free Trade Fact of the Day

    Defending free trade from politicians who “pander to Americans’ suspicion of foreigners,” George Mason University economics professor Tyler Cowen writes in the New York Times: The last 20 years have brought the world more trade, more globalization and more economic growth than in any previous such period in history. Few … More