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Trump's Protectionist Fallacies Have Been Refuted By Free Market Economists for Hundreds of Years

Tom Mullen | Posted 08.31.2015 | Entertainment
Tom Mullen

It's not what Donald Trump is against that bothers me. It's what he's for. So much attention has been paid to his immigration stance from a race perspective that no one seems to care how anti-free market his platform is. Trump is running on economic fallacies that have been consistently refuted by free market economists for hundreds of years.

Ownership Restrictions Put the Breaks On Foreign Investment

Efraim Chalamish | Posted 05.12.2015 | Business
Efraim Chalamish

The slowdown in foreign investment can be attributed in part to sluggish economic growth in Europe, China's slowing economy and geopolitical risks in various emerging markets. But investment restrictions are also playing a part in a variety of markets around the world.

Internet Wins, Losses and Threats in the Year Ahead

Edward J. Black | Posted 04.28.2015 | Technology
Edward J. Black

While there are some reasons for optimism, a looming renewed threat comes from those who failed to get SOPA legislation passed three years ago.

Warhol Capitalism

Markus Giesler | Posted 03.10.2015 | Business
Markus Giesler

We live in a world of soaring inequality. It is our choice if we want to tell the same old stories, or if we want to create a vision of economic life that truly integrates competing value systems.

The Super Rich and Their Strange Allies

Kevin Price | Posted 10.20.2014 | Politics
Kevin Price

If you read the fairy tale weaved by the major media and our history books, we would believe that liberal policies are beneficial to everyone, whether...

Zach Carter

Tea Party Leader Botches 'Socialistic' Op-Ed | Zach Carter | Posted 08.13.2014 | Politics

WASHINGTON -- Congress is out of session, but the lobbying struggle over reauthorizing the Export-Import Bank is as hot as ever. On Monday, former Sen...

Are Americans Feeling More Isolationist?

Ali Wyne | Posted 03.04.2014 | Politics
Ali Wyne

Whatever one's judgment, Americans appear to have concluded that a foreign-policy reorientation is in order; in this case, however, reorientation doesn't equal retrenchment.

Does Romney Mean It on Trade?

Ian Fletcher | Posted 11.11.2012 | Politics
Ian Fletcher

Mitt Romney has certainly been making some pleasant noises about fixing America's trade mess, whose $500 billion a year deficit is probably the biggest unsung reason our economy isn't turning around. But does he really mean what he says?

The Obligations Of American Exceptionalism

Rabbi Eric H. Yoffie | Posted 10.31.2012 | Religion
Rabbi Eric H. Yoffie

We are all created equal in the sight of God. Americans are entitled to worry about themselves, but they are morally obligated as well to empathize with and engage in the affairs of others and to recognize the interdependent nature of our world.

Free Markets, Libertarians, Trade Deficits, Economic Decline: Joseph Cotto Interviews Ian Fletcher

Ian Fletcher | Posted 08.31.2012 | Politics
Ian Fletcher

The single biggest thing we can do to restore the strength of American manufacturing is cut the trade deficit. And yes, we can restore American manufacturing.

World Leaders Overcome Protectionism Panic

Reuters | Posted 08.19.2012 | Business

(Corrects to Mexico and Canada in final paragraph) * G20 leaders extend freeze on protectionist measures pledge * Deal s...

The Sex Workers' Petition

Brian LaSorsa | Posted 04.21.2012 | Comedy
Brian LaSorsa

[The following is a slightly satirical yet deadly serious prediction of what I assume will come of the future sex industry, based on Frédéric Bastia...

Dave Jamieson

Lawmakers Look To Punish Companies That Offshore Call-Center Jobs | Dave Jamieson | Posted 03.21.2012 | Politics

WASHINGTON -- Following the lead of lawmakers on Capitol Hill, several states have proposed legislation that would punish American companies that relo...

Dave Jamieson

American Anti-Outsourcing Bill Causes Uproar Overseas | Dave Jamieson | Posted 01.09.2012 | Politics

WASHINGTON -- A bill that would punish American companies for sending their customer call centers overseas has caused an uproar in India and the Phili...

Gov. Buddy Roemer Calls for Withdrawal From NAFTA, WTO

Ian Fletcher | Posted 12.21.2011 | Politics
Ian Fletcher

I have found one candidate whom I believe is genuinely serious about fixing America's trade mess. He's an undeniable long shot, as Herman Cain was until recently. But it's not my aim here to handicap a horse race.

Jon Ward

Mitt Romney's Aggressive China Rhetoric Questioned By Conservatives | Jon Ward | Posted 12.13.2011 | Politics

WASHINGTON -- President Obama submitted three long-awaited free trade agreements to Congress this month, which were quickly ratified Wednesday, but Re...

Shameful Conduct

Sen. Fritz Hollings | Posted 12.05.2011 | Politics
Sen. Fritz Hollings

President Obama bails the economy boat as fast as he can with tax cuts and infrastructure, but fails to plug the off shore hole in the sinking economy. Shameful conduct! Not on Wall Street, but in Washington.

Free Trade is Making America the New Portugal

Ian Fletcher | Posted 11.01.2011 | Business
Ian Fletcher

America doesn't need to cut itself off from the world entirely, but it does need to get wise to the fact that the rest of the world views trade (correctly) as an arena of national rivalry, and start playing the game.

Avoid Trade War? We're Already In One!

Ian Fletcher | Posted 10.29.2011 | Politics
Ian Fletcher

Whenever protectionists like myself demand that the U.S. government do something to stand up for America in global trade, we are shouted down with the stern admonition, "You'll start a trade war." I wish.

The Coming Upheaval in Republican Economics

Ian Fletcher | Posted 08.23.2011 | Business
Ian Fletcher

It may seem paradoxical, even perverse, to suggest that the Republican party is soon going to have to abandon free market ideology. But this is quite likely true, and it may be the political weapon that will marginalize Democrats for a generation.

A Tariff Would, Too, Fix Our Trade Mess

Ian Fletcher | Posted 06.18.2011 | Business
Ian Fletcher

Replacing foreign rivalry with strong domestic rivalry is probably a net plus. Japan's ferociously competitive (and protected) automobile and consumer electronics industries illustrate this well.

Japan, the Forgotten Protectionist Threat

Ian Fletcher | Posted 06.17.2011 | Business
Ian Fletcher

China is only the most brazen player of one-way free trade out there. We ran a $273 billion deficit with China in 2010, but we also ran an $80 billion deficit with the European Union and a $60 billion deficit with Japan.

Economists Shocked, Shocked: We Really Are Losing Jobs to China!

Ian Fletcher | Posted 06.08.2011 | Business
Ian Fletcher

The blithe assumption of conventional economics that "Sure, free trade has its costs, but the benefits are infinitely larger" doesn't hold up. We're either not winning out, or winning only peanuts.

The Theory That's Killing America's Economy -- and Why It's Wrong

Ian Fletcher | Posted 06.07.2011 | Business
Ian Fletcher

There is no good reason -- regardless of what most economists say -- to assume that free trade is necessarily the best approach. The economic logic of those who say it is is riddled with enough holes to sink a container ship.

Why Public Support for Free Trade Will Collapse Soon

Ian Fletcher | Posted 06.05.2011 | Politics
Ian Fletcher

Once protectionism is conceded to be a valid political position, it will eventually win the public debate, if free trade's unpopularity continues to mount at the pace it has been mounting over the last 10 years.