I know I hit the political left pretty hard on this blog for their rampant economic ignorance and indifference. But fear not, Democrats and leftists of every stripe are not alone. The GOP is often just as bad, at times…
Tag Archive for trade
A Few On Olympic Unis, Trade, and Buy-Local
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Including some info on the recent flap over allegedly Chinese-made Olympic uniforms. This BLH piece may be the best two-pages you read today. Locavores, Droughts, and Famines (and the Market) – Bleeding Heart Libertarians: Despite our current economic woes, we…
Is A Blockade The Ultimate In Buy-Local?
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Thinking more about this post from last year. If buy-local is such a boon for the locality (whatever that may be in a given situation), why do the recipients/victims of a blockade respond to it as an act of war…
Markets In Everything: Swapping Vending Machines
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Kind of a fun story, until you get to this nonsense: “Fenequito wanted to call attention to issues of overconsumption and needless waste and aimed to find a creative way to encourage trading and reusing.” Actually, it’s still a fun…
Facebook’s Instagram buy could be delayed by FTC, report says
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Think about this for a moment. The feds want to “investigate” the purchase of one company by another. And in this case both products involved are 100% free for people to use. And each has numerous competitors. Facebook’s Instagram buy…
Walter Williams On Manufacturing
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Walter Williams simply and concisely explains the basic economics of productivity and manufacturing. Think of this the next time you hear someone talk about our declining “manufacturing base.” Sadly, this is something that most junior-high students can understand, yet appears…
Is ‘Buy American’ A Redneck Refrain? What of Cash-Mobs?
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It seems that we often snicker at the uneducated or ill-informed who refuse to buy a Japanese car, Korean appliance, or Chinese widget. But consider the “buy local” movement. Isn’t that the exact same concept on steroids? If “buy American”…
Is Ron Paul An Isolationist?
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Sheldon Richman with a good column on the charge that Ron Paul is an “isolationist.” Opposing Imperialism Is Not Isolationism by Sheldon Richman: When pundits and rival politicians call Ron Paul an “isolationist,” they mislead the American people — and…
Reductio Ad Absurdum and Sleeping Bags
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Using ‘reductio ad absurdum’ to shed light on the foolishness of protectionist policies. Brilliant. Shades of the great Bastiat and the Candlemakers’ Petition. Open Letter to Sen. Jeff Sessions (R-AL) and Rep. Robert Aderholt (R-AL): If promoting jobs in American…
What Percentage of U.S. Consumption Is Made In China?
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Listened to an audio interview with Dr. Donald Boudreax of GMU today. One huge statistic they mentioned jumped out at me. 2.7%. The San Francisco Fed recently released some numbers on imports and consumption from China. Fiction Made in America:…