• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • protectionism

    National Security Should Not Be an Excuse for Protectionism

    The Alliance for American Manufacturing has been busy advocating the idea that the U.S government needs to do more to promote domestic manufacturing, as it is critical to repairing and maintaining our critical infrastructure. Maintaining critical infrastructure is important for homeland security and disaster response, but that does not mean … More

    Time to Safeguard Ourselves from Rising Protectionism

    Last week, Pascal Lamy, chief of the World Trade Organization (WTO), gave a stark warning that rising protectionism is a serious threat to global economic recovery. Indeed, not too long ago, The Heritage Foundation’s Center for International Trade and Economics also counseled that “global trade freedom needs a boost.” We … More

    Argentina: Cristina Ramps Up Protectionism

    Milton Friedman once said that “there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.” For most people in the world, this is a convincing argument. Not, … More

    Chinese Currency Manipulation: Lies and Statistics

    There’s a very old political rule getting a new twist in the House of Representatives right now: When your policies fail, blame someone else. The new twist is: When unemployment is above the level you said would be a catastrophe, and you’re on the road to bankrupting the country in … More

    Smoot–Hawley Anniversary Serves as Reminder of Protectionism's Damage

    Today marks the 81st anniversary of the passage of the Smoot–Hawley Tariff Act. Actor and economist Ben Stein famously explained this legislation in Ferris Bueller’s Day Off, the classic John Hughes movie that was released 25 years ago this month: In 1930, the Republican-controlled House of Representatives, in an effort … More

    Time to Go Global with Greater Economic Freedom

    The latest study by the McKinsey Global Institute reveals some astonishing facts concerning contributions of U.S. global companies to the American economy.  According to the report: With their share less than ONE percent of the total number of U.S. companies, U.S. international companies employ almost 20 percent of the U.S. … More

    Say "Adios" to Obama’s “National Export Initiative”

    The latest outbreak of creeping global protectionism is in Brazil, which announced March 8 that it intends to levy nearly USD$600 million in increased import duties on more than 100 products made in the U.S. in retaliation for the United States’ failure to comply with a World Trade Organization (WTO) … More

    Cap and Trade Bill Moves Forward on Waxman’s Artificial Timeline: High Costs Remain (Part 10 in a 10-Part Series)

    Rep. Henry Waxman (D-CA) is a man of his words, sort of. He told people he wanted to get a global warming bill that capped carbon dioxide out by Memorial Day and he did: Legislation imposing the first nationwide limits on the pollution blamed for global warming advanced in the … More

    Russian Crisis Acquires New Dimension

    The crisis in Russia is revealing new features proving it is quite unlike the global downturn. Last week saw numerous actions protesting a hike in import duties on foreign cars that were staged in an array of Russian provinces. The government had passed a decision to the effect to protect … More

    Obama Undercuts America's Relationship With Colombia

    Free trade has been receiving a bad rap lately. Barack Obama’s campaign has come out in full force against free trade. In addition to clumsily saying he would unilaterally renegotiate NAFTA (much to the chagrin of Canada and Mexico), during the third presidential debate Obama voiced opposition to the Colombian … More