Free Trade & Trade Policy

Pay Equity Errors

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President Clinton has pledged to step up enforcement of the Equal Pay Act. The promised $14 million to fight wage discrimination was on his list of bribes to the American people, otherwise known as the State of the Union address. The president's Council of Economic Advisers says women make only 75 cents for each dollar men ... [click for more]

Economic Sanctions: Who Has What Rights?

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Christmas is one of the most joyful times of the year for most Americans. Gaily decorated houses, yards, and Christmas trees sprout nationwide in November and last until the New Year season closes the holidays with fireworks, parties and, finally, the Super Bowl. People decorate their Christmas trees in many ways, but one of the staples is bright, multicolored strings ... [click for more]

Freedom in Transactions

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On entering Paris, which I had come to visit, I said to myself — Here are a million of human beings who would all die in a short time if provisions of every kind ceased to flow towards this great metropolis. Imagination is baffled when it tries to appreciate the vast ... [click for more]

Order without Design

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Perhaps the toughest thing that libertarians have to persuade nonlibertarians of is the existence of order that is undesigned. It is certainly a counterintuitive idea. So much of our everyday experience seems to teach us that where there is order, there is a designer working from a plan. That fact ... [click for more]

The FTC Strikes Again

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The Federal Trade Commission has once again dealt a blow to our allegedly free enterprise economy. The FTC plans to move against a proposed merger between Staples and Office Depot, two office supply chains. The commission claims the merger would violate the antitrust laws. Displaying its standard confusion over ... [click for more]

The Evils of Economic Sanctions [long]

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Americans are undoubtedly sleeping soundly in the knowledge that U.S. Customs agents in the last year tripled the number of Cuban cigars seized before they could be brought into the country. The Customs Service says that it grabbed nearly 90,000 cigars, thwarting 1,285 acts of smuggling. The cigars were valued at more than $1 million. That may sound impressive, but ... [click for more]

The Evils of Economic Sanctions

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Americans are undoubtedly sleeping soundly in the knowledge that U.S. Customs agents in the last year tripled the number of Cuban cigars seized before they could be brought into the country. The Customs Service says that it grabbed nearly 90,000 cigars, thwarting 1,285 acts of smuggling. The cigars were valued at more than $1 million, according to USA Today. Why ... [click for more]

Corporate Chiefs Should Refuse Clinton

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President Clinton has invited corporate chief executives to the White House in April to talk about "corporate citizenship." The meeting is intended to honor companies that treat their employees well in hopes of inspiring others to do the same. Any self-respecting corporate chief who believes in the free-enterprise system ... [click for more]

Minimum-Wage Law as Political Racketeering

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President Clinton and many congressmen are hankering to raise the federal minimum wage from $4.25 to $5.15 an hour. The minimum wage epitomizes government pseudo-paternalism, and Clinton's proposal should receive harsh condemnations from anyone who has looked at the history of minimum-wage policies. Early in the century, after a ... [click for more]

Foreign Workers are Good for America

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The U.S. Labor Department says the program that allows foreigners to work in this country is a "sham" because it fails to protect American workers' jobs and wages. Under the program, thousands of noncitizens work in the United States. But those workers are supposed to have "unique" skills ... [click for more]

Government Should Ignore Gas Prices

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Now, let's see if I have this straight: just as the economics textbooks say, when the demand for gasoline went up and the supply fell, the prices went up. So, the Clinton administration told the Department of Justice to investigate. Investigate what? It doesn't matter. Any time a politician wants to score ... [click for more]
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