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  • free trade

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from former Delaware Governor Pete du Pont who writes in the Wall Street Journal: Trade creates jobs. America’s exports of goods sold abroad–electrical machinery, chemicals, plastics, agricultural products, medical and scientific instrumentation, for example–support six million American jobs. Exports of services account … More

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from Arizona Chamber of Commerce and Industry president and CEO Glenn Hamer who examines the benefits of trade with Colombia for Arizona but first notes: “Things are upside down in this country when the U.S. aids Hugo Chavez and hurts a Latin … More

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from a Business Week look at how NAFTA has affected the U.S. economy: But the story of GE and Mexico is about more than lost U.S. jobs. Since 2006, GE has struck deals to sell Mexican companies $350 million worth of turbines … More

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from University of Adelaide economics professor Kym Anderson and Copenhagen Consensus organizer Bjorn Lomborg who write in the Taipei Times: Free trade would lead to an overwhelming boost to welfare everywhere, but especially in the developing world. Grasping these benefits is potentially … More

    Free Trade Fact of the Day

    Today’s Free Trade Fact of the Day comes from International Policy Network director Alec van Gelder and IPN enviroment program head Caroline Boin. They write: The World Bank estimates that global free trade in all goods would add $287bn to world income each year, half of that going to poor … More

    Morning Bell: How Congress Can Help Finish Off the FARC

    When Congress returns from spring break March 31, President Bush is likely to send the U.S.-Colombia Trade Promotion Agreement to Capitol Hill, triggering an up or down vote on the deal within 90 days. If Congress can put aside its fealty to Big Labor, then the trade deal will easily … More

    Free Trade Fact of the Day

    With politicians invoking the Great Depression to justify more government intervention in the market place, it is important to look back and remember what policies helped really helped usher in the worst decade for the US economy ever. Amity Shlaes writes at Bloomberg: Hoover knew free trade was beneficial. But … More

    Free Trade Fact of the Day

    So far our Free Trade Fact of the Days have been limited to discussion’s of Ohio in particular, our nation as a whole, Colombia, and Canada. But other states would also face economic ruin if liberal presidential candidates are allowed to follow through on their protectionist promises. D. Dowd Muska … More

    Free Trade Fact of the Day

    The protectionist promises of the two remaining liberal presidential candidates continue to upset our ally to the north. The Toronto Star‘s David Olive reports that Jim Flaherty, the Canadian finance minister, has come close to “recommending a tutorial for the Democratic presidential aspirants.” Olive continues: By Ottawa’s reckoning, NAFTA accounts … More

    Free Trade Fact of the Day

    The Economist is just the latest entity to cry foul on the protectionist rhetoric coming out of the most liberal presidential candidates this year. The magazine editorializes: Since it came into force in 1994, NAFTA has benefited all three economies, raising cross-border trade and investment. That applies especially to Mexico. … More