Protectionism

Is Trump Right that NAFTA Was a "Disaster"?

Politicians judge success by how many "jobs" they create; good economists also pay attention to how they impact consumers.

- October 09, 2015

Why Don't All Sandwiches Cost $1,500?

A guy decided to make a sandwich from scratch, and it cost him six months of work and over $1,500.

- September 28, 2015

The Pill Whose Price Went Up 5000%? It Costs 5 Cents in India.

The drug is an unpatented generic that's approved for sale in Europe — but you can't import it to the US, and there's only one FDA-approved supplier here.

- September 25, 2015

Pope Francis's Graph of the Day

In 1900, Argentina and the US were equally wealthy, but then one of them chose capitalism and the other chose protectionism and socialism.

- September 25, 2015

WATCH: The Prohibition of People

Just as alcohol prohibition produced bootleggers, speakeasies, and smuggling, the border crackdown has created a boom in illegal immigration.

- September 25, 2015

Bernie Is Wrong: Trade Is Awesome for the Poor and for America

Don’t let fear-mongering about China scare you: free trade benefits everyone, especially the poor, while protectionism benefits only the politically powerful.

- 12:00 AM

A Shoddy Defense of Bernie Sanders' Closed-Borders Stance

The laws of economics limit the ability of governments to control prices; does that mean the United States is not a sovereign country? Will we not be “sovereign” until we declare our independence from scarcity, gravity, mortality, and all the other inconvenient limitations on human behavior?

- 12:00 AM

Marco Rubio's Brave Defense of Corporate Welfare, Farm Subsidies, and Protectionism

Sugar subsidies destroy jobs and waste resources — and bankroll the politicians who support them.

- August 13, 2015

How Economic Control Threatens Political Liberty, Free Speech, and the Rule of Law

Big government protects big business from competition. And the price of that protection is silent, obedient support for the bureaucrats and politicians.

- August 05, 2015

Federal Court Rules Naked Government Favoritism Is Constitutional

The 2nd Circuit rules that a "simple preference" for one group — pure arbitrary favoritism — is a legitimate reason to stop competition. 

- July 24, 2015

The Politics of Nostalgia

Progressives join many conservatives in their misty view of the 1950s.

- July 22, 2015

Adam Smith Proved Ideas Matter

Adam Smith proved that ideas can change the world, and we are all immeasurably better off because of the ideas he shattered and the ones he set in motion. 

- July 20, 2015

Who Will Protect Us from Tainted Food Trucks?

The sharing economy is driven by information- sharing, solving knowledge problems regulators cannot.

- July 16, 2015

Don’t Let Me Design Your Retaining Wall

Reputation markets regulate quality and safety where state licensing boards fall short.

- July 13, 2015

The Ex-Im Bank Is Dead. (But Watch Out for Subsidy-Zombie.)

The second rule of Zombieland is always double tap. The same goes for seemingly unkillable government programs.

- July 01, 2015

Political Borders Do Not Imply Economic Relevance.

Trade that crosses frontiers is no different than trade that crosses the street. 

- June 30, 2015

Bootleggers, Baptists, and Bribes in the Magna Carta

The Great Charter was overall a win for liberty. But from the crooked timber of politics, nothing entirely straight is made.

- June 11, 2015

Trans Pacific Partnership Is about Control, Not Free Trade

The trade agreement is a trojan horse for exporting US special interests' agenda abroad. 

- June 04, 2015

LA Unions Demand Exemption from $15 Minimum Wage They Created

Unions want to "give workers the freedom" to negotiate their own pay ?— but only if those workers are paying union dues.

- May 26, 2015

Are Markets Ruining Video Games?

If game developers want to pursue more artistic projects that appeal to smaller audiences, they need to take a step away from the one-size-fits-all corporate development supported by government regulation.

- May 12, 2015

Venezuela Moves to Natonalize Food, Ration Medicine, Kill Comedy

Price controls led to shortages, shortages to rationing, rationing to nationalization, and you can't even laugh about it anymore.

- May 11, 2015

Labor Unions and the Inhumanity of the Chinese Exclusion

Anti-immigrant laws were born from a Bootlegger-Baptist alliance of organized labor and nativist xenophobia. 

- May 06, 2015

The Sweet, Sweet Privilege of the Canadian Syrup Federation

Canada's Syrup Federation stations guards in private sugar shacks to ensure that people don’t sell their own syrup.

- April 30, 2015

It's Illegal to Charge Too Little for Teeth Cleaning

Crony licensing boards are driving up the cost of dental care by banning licensed specialists from doing dental work.

- April 17, 2015

Razing the Bar

The burden of the bar exam falls disproportionately on low-income earners and ethnic minorities who lack the ability to pay for law school or to assume heavy debts to earn a law degree. 

- April 14, 2015

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