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The Upside of Free Trade

Posted on January 16, 2008 by Anonymous
Topics: Imports/Exports, Trade

Steven E. Landsburg outlines a few simple ways to wrap your mind around the concept of free trade and outsourcing in the New York Times op-ed, What to Expect When You're Free Trading.

Even if you’ve just lost your job, there’s something fundamentally churlish about blaming the very phenomenon that’s elevated you above the subsistence level since the day you were born. If the world owes you compensation for enduring the downside of trade, what do you owe the world for enjoying the upside?

Internally torn about free trade vs. protectionism? Well worth the read.

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Keywords: protectionism, outsourcing, free trade

From the Archives

Embracing the Challenge of Free Trade

Posted on October 15, 2007
Previously filed under: North America, Trade
Federal Reserve chairmen Ben S. Bernanke's speech at the Montana Economic Development Summit, May 1st, 2007, Butte, Montana.
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Keywords: Federal Reserve, free trade, competition, Off-Shoring, trade barriers

From the Archives

Negotiating a New Social Contract

Posted on September 4, 2007
Previously filed under: North America, Interviews
Government policy that attempts to mitigate the effects of globalization needs to focus more on human capital development.
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Keywords: globalization, Competitive Advantage, protectionism, trade barriers, free trade,

From the Archives

The Candidates on Trade

Posted on July 30, 2007
Previously filed under: North America, Trade
Free trade policy will become important topic for candidates in the 2008 United States presidential elections.
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Keywords: 2008 Presidential Candidates, Republican, Democrat, Cafta, Nafta, free trade

From the Archives

Trading on America's Future

Posted on July 27, 2007
Previously filed under: North America, Trade
American attitudes towards trade have changed with the collapse of the Doha rounds, increasing support for US farm subsidies.
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Keywords: trade, America, free trade,

From the Archives

International Trade

Posted on June 19, 2007
Previously filed under: Definitions
Trade is one of the more complicated facets of the international economy.
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Keywords: trade, fair trade, free trade, Nafta, Cafta, mercosur, APEC

From the Archives

The New Shape of America's Trade Policy

Posted on May 30, 2007
Previously filed under: North America, Trade
Congress and the President have finally agreed on a trade policy, but what will it look like?
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Keywords: trade, congress, free trade, labor, environoment

From the Archives

Free Trade Vs. Small Farmers

Posted on May 14, 2007
Previously filed under: Asia, Agriculture
Small farmers are the key in the debate surrounding agricultural subsidies, the issue which has long stalled the Doha Round of WTO talks.
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Keywords: free trade, agriculture, World Trade Organization, subsidies, farmers

From the Archives

An East Asian Community? Not So Fast

Posted on May 2, 2007
Topics: Trade, Culture
Countries: China, Japan
Previously filed under: Asia, Global Economy
The politically fractious but economically powerful East Asian region made progress towards cooperation at a summit in January.
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Keywords: free trade, ASEAN

From the Archives

Why "Fair Trade" Could Backfire for the United States

Posted on March 27, 2007
Previously filed under: North America, Trade
Many economists believe that the current approach to manufacturing employment in the United States will do little if anything to solve the current crisis.
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Keywords: Neoliberalism, free trade, savings, economics, fair trade, Manufacturing, trade

From the Archives

Dying for Free Trade

Posted on March 27, 2007
Previously filed under: Asia, Opinions and Editorials
As agricultural employment declines in developed countries, traditionally protectionist states are revisiting the topic of free trade in agriculture.
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Keywords: Neoliberalism, free trade, agriculture, protectionism, tariffs

From the Archives

Has Neo-Liberalism Failed Mexico?

Posted on March 5, 2007
Countries: Mexico
Previously filed under: North America, General Globalization
An advocate of free markets analyzes the effects of North American Free Trade Agreement (NAFTA) and questions why neo-liberal policies have failed Mexico.
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Keywords: trade, neo-liberalism, Nafta, GDP, free trade, economics

From the Archives

Fair Trade Sweatshops?

Posted on February 22, 2007
Previously filed under: North America, Trade
Supporting 'clean clothes' campaigns to end the exploitative labour practices that pervade the textile industry is not as simple as just picking the 'right' brand to buy.
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Keywords: fair trade, free trade, sweatshops, Nike, exploitation, corporation

From the Archives

United States - South Korea Trade Negotiations Stalled

Posted on February 20, 2007
Previously filed under: Trade
After a costly failure with South Korea, the United States influence over major emerging markets has diminished.
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Keywords: South Korea, free trade, United States, trade relations,

From the Archives

A Million Paths to Peace

Posted on December 15, 2006
Previously filed under: Trade
Michael Strong encourages activists to continue embracing trade as a vehicle for change.
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Keywords: NGO, free trade, peace, prosperity, democracy, capitalism, socialism, subsidy

Breaking News
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Liberia: Country Rated Lowest Among Nations

All Africa - Thu, 08/21/2008 - 07:16
The United Nations Secretary General Ban Ki-moon says despite the commendable overall economic progress Liberia has made, it remains among the lowest in the world in key social indicators thus posing a potential risk to a delicate peace building process.

India Fights Animals to Modernize New Delhi Airport

International Herald Tribune - Thu, 08/21/2008 - 05:26
Indian officials inaugurated the country's longest runway Thursday, hoping it will ease conditions at New Delhi's chronically congested Indira Gandhi International Airport. As India's economy has boomed air traffic has increased dramatically, with some 70 percent of all traffic in New Delhi and Mumbai.

Palestine Central Bank's Tricky Path

Wall Street Journal - Wed, 08/20/2008 - 20:45
The head of the Palestine Monetary Authority is playing a critical role in modernizing the Palestinian territories' banks and opening up ties to the West and Israel. But he faces challenges as Hamas tries to undermine the central bank's authority.

Saudis Use Cash and Counseling to Fight Terrorism

Christian Science Monitor - Wed, 08/20/2008 - 23:00
About 3,200 former militants have completed the ambitious program that is designed to counter the ideology motivating many young Muslims who have turned to violence at home and abroad.

Microfinance: Nigerian Stakeholders to Learn From Yunus

All Africa - Wed, 08/20/2008 - 05:28
Stakeholders in the microfinance sector in Nigeria have a unique opportunity to tap into the secrets of success of the 2006 Nobel Laureate and 'Banker to the Poor', Professor Mohammad Yunus.
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