Free Trade & Trade Policy

Examining Reagan’s Record on Free Trade

by
The following article originally appeared in the May 10, 1982, issue of The Wall Street Journal. Copyright Dow Jones and Company, Inc. Reprinted by permission. Hardly anyone was surprised when the Reagan administration imposed quotas on sugar imports last week. This is at once remarkable and understandable. It’s remarkable because Mr. ... [click for more]

Is Free Trade Obsolete? Part 2

by
Part 1 | Part 2 Is it time to throw out all the textbooks that defend free trade? Some people — including one former free trader — think so. Last month we saw how Ricardo’s law of comparative advantage, operating through the price system and the phenomenon of opportunity cost, induces people and groups to specialize in the production of ... [click for more]

Wal-Mart as a “Wedge Issue”

by
The major political parties thrive on what are known as “wedge issues.” A wedge issue is one that takes advantage of the fact that many voters are motivated far more by emotion than by reason. It works at the gut level, driving people into anger first, and then into the voting booth, even though, when ... [click for more]

The Keys to Economic Development:

by
VIDEO: The Keys to Economic Development Dear FFF Supporters, I just returned from Porto Alegre, Brazil, where I delivered a speech entitled “The Keys to Economic Development” to a conference sponsored by the Institute of Entrepreneurial Studies, one of the most prestigious free-market ... [click for more]

Ignoring the Fear-Mongering about Outsourcing

by
From the way some people talk in this political season, you’d think all the good jobs are being shipped to India, leaving nothing for Americans to do but flip hamburgers and shine shoes. Don’t expect to hear sensible talk about economics in an election year. It doesn’t fit into ... [click for more]

Is Free Trade Obsolete? Part 1

by
Part 1 | Part 2 In the last several decades, areas of the developing world, particularly Asia, have become politically more stable and free, more open to foreign investment. The populations there are better educated and have access to modern technology, including the Internet. They are thus more productive. This sounds like something to be welcomed, not only in a ... [click for more]

We Need Real Free Trade Now

by
People in parts of the developing world are becoming more free, better educated, and increasingly dexterous with modern communications, such as the Internet. As a result, they are more vigorously participating in the world economy. They are in a position to make things and do things for us ... [click for more]

Trade Restrictions Show Hypocrisy

by
A lesson in government hypocrisy — as if one were needed these days — is to be found in the agricultural policies of the rich nations of the world, including the United States. The U.S. government incessantly proclaims its desire to help the world’s poor. Empty words. Sure, the ... [click for more]

A Rare Moment of Candor

by
President Bush says he’s got the economy under control. That’s supposed to comfort us. I’d feel better if he said he had the federal government under control. It’s spending wildly — and it can’t blame the “war on terrorism” for it all. That’s just the latest spending. ... [click for more]
Page 3 of 1512345...10...Last »