Terence Kealey on the Myths of Public Funding of Science
Our guest today is Terence Kealey, Professor Emeritus of clinical biochemistry at the University of Buckingham in the United Kingdom, and Research Fellow at the Cato Institute.
Protectionism and Free Trade
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When “Free Trade” Agreements Are a Polite Form of Protectionism
With the Caribbean trade bloc Caricom, we find an international "free" trade agreement being used by a Dominica-based company to demand more limits on trade between Jamaica and a country outside the bloc. This isn't about free trade.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
Why There is No Such Thing as an Exploitative Monopoly in a Free Market
What's a telltale sign of economic illiteracy? I'm starting to believe the worst is the claim that markets lead to monopoly and the accumulation of wealth in a few hands.
Nation, Migration, and Trade: Essays on Mises and the Classical Economists
1. Mises on Nationalism, the Right to Self-Determination, and the Problem of Immigration 1. Introduction In the current discussion about immigration, Ludwig von Mises is often invoked by libertarians as a staunch proponent of free trade in the...
GDP, Free Trade, and Prosperity
GDP is not a useful measure of the material prosperity of a nation, and the way GDP is measured tends to hide the benefits of free trade.
There Are No Winners in the US-China “Tech War”
The alleged rise of China to impending global tech dominance is greatly overstated. And US efforts to combat China will only make American companies less competitive.
The Myth of the Failure of Capitalism
It is true that socialism and interventionism have not yet succeeded in completely eliminating capitalism. If they had, we would rediscover the meaning of hunger on a massive scale.
GDP, Free Trade, and Prosperity
GDP is not a useful measure of the material prosperity of a nation, and the way GDP is measured tends to hide the benefits of free trade.
