Free Trade & Trade Policy

Why Congress Investigates Enron

by
Members of Congress are certainly licking their chops over the Enron affair. Now why would that be? Could it be that they cannot resist investigating a company that apparently lied to the public, misrepresented its financial situation, kept lousy records, engaged in conflicts of interest, and acted covertly? Wait, that sounds ... [click for more]

Bush Betrays Free Enterprise

by
There’s no longer any excuse for thinking that President Bush is a champion of free-enterprise capitalism. The week of March 4 sealed the question. He began the week by imposing tariffs up to 30 percent on imported steel. True, he didn’t give the industry and the steelworkers all that they wanted. He ... [click for more]

Netscape Gets the Green

by
Imagine the nerve of a company that gives away its product in an attempt to knock off the dominant firm in an industry. I have one such company in mind right now. It went all out to make it easy for consumers to have free access to its product. You couldn’t ... [click for more]

Slave to the Olympics

by
Getting up to answer the knock at your door, you open it to find a police officer standing stiffly, fidgeting with his nightstick. “Mr. Jones, I am here for the soccer field”, he says tersely. “Soccer field?” you say. “I don’t get it.” [click for more]

Farmers: Get a Job!

by
It kind of makes me wonder what country I'm living in when I pick up the newspaper and read this from the Associated Press: "With crop prices mired near record lows, the government says farm earnings will drop 20 percent this year unless Congress enacts a new farm program or approves ... [click for more]

Government Needs to Lose Weight

by
How ironic that just as an already-bloated government is taking on major new powers, it is exhorting us to lose weight. But that’s exactly what Surgeon General David Satcher is calling for. In his recently released “Call To Action To Prevent and Decrease Overweight and Obesity,” Satcher writes, “Our ... [click for more]

What the Enron Bankruptcy Doesn’t Mean

by
A big company fails, maybe even commits wrongdoing, and in some people’s eyes that proves free markets are bad. This is what passes for logic these days. The full story on Enron is not known yet. But for the sake of discussion, let’s assume the worst: namely, that company management deliberately ... [click for more]

Regulation Gave Us the Enron Scandal

by
When pundits and politicians say the Enron scandal demonstrates the need for federal regulation of business, you have to be a little suspicious. They think everything demonstrates the need for federal regulation of business. It’s a reflex, that’s all. What seems to have been forgotten in all the blather about ... [click for more]

Anti-Dumping Laws

by
ANTI-DUMPING LAWS have been with us since the early decades of the 20th century. Ostensibly aimed at preventing unfair trade practices, they have in recent decades been used mostly to punish foreign producers for offering their products to domestic consumers at low prices. Rather than being used to protect the public (from low prices), they have been used to ... [click for more]

The Value of Athletes

by
Some people complain that professional athletes make too much money -- that the salaries they receive are ridiculously high, perhaps even immoral. But is this actually the case? Aren't athletes' salaries, like everyone else's in the private sector, ultimately determined by the desires or demand of consumers? Isn't that how the value ... [click for more]

The Free Market Is Indomitable

by
Deep in the November 14 New York Times report on the liberation of Kabul there was this perhaps little-noticed paragraph: "Food appeared plentiful. A central market that lines the road leading into the city had large amounts of fresh meat for sale, fruit juices from Iran and even Coca-Cola, a ... [click for more]
Page 5 of 15« First...34567...10...Last »