Free Trade & Trade Policy

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]

Repeal the Minimum Wage

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To put it bluntly, given all the evidence we have about the destructive effects of the minimum wage law, anyone who still calls for an increase in it is either sadly lacking in economic education or is a demagogue. There's just no getting around the fact that if you use the ... [click for more]

Geniuses from Abroad

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The current immigration debate founders on ignorance of one huge fact: Without immigration, the U.S. would not exist as a world power. Without immigration, the U.S. could not have produced the computerized weapons that induced the Soviet Union to surrender in the arms race. Without immigration, the U.S. could not have built the atomic bomb ... [click for more]

Close the Newport–Costa Mesa Border

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They're coming by the carload! Immigrants from Newport Beach, California, who cross our Costa Mesa, California, border with impunity, take our jobs, eat our food, drink our liquor, and marry our women. Every day I see it. Mercedeses, Acuras, Rollses, BMWs, and Lexus crossing the border into Costa Mesa where they come ... [click for more]
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