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Economists For Protectionism: Part 2

March 24, 2014
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This is the conclusion of the previous post where we give examples of notable economists who oppose international free trade and are in favor of some form of protectionism. Stephen Roach, lecturer at Yale University’s School of Management, chief economist of Morgan Stanley says, “America’s recovery without job creation could well be here to...
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Economists For Protectionism: Part 1

March 19, 2014
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Most economists think sort of like Uwe E. Reinhardt, an economics professor at Princeton, who posted in the New York Times, “Whether a fellow American gains from a trade or someone in Shanghai does not make any difference to most economists, nor does it...
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Education Will Not Save Us

January 27, 2014
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Education Will Not Save Us

The United States economy slowly chugs along like a train coasting without any power. It is only a matter of time until we run out of steam and enter a state like Greece or Argentina. Sometimes when discussing this issue, the sound of “education”...
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Does a President need Trade Promotion Authority?

January 18, 2014
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Sometimes we quietly hope we’re wrong. “Maybe there is an unknown, unforeseen way for our economy to prosper in spite of international free trade,” we optimistically wonder. Then we hear...
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China becomes world’s largest trading nation

January 11, 2014
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Led by popstars like the charismatic Paul Krugman and powerful Ben Bernanke, most people still think ill of trying to take strong measures to save what little is left...
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Immigration Amnesty Bill

June 28, 2013
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The Immigration Amnesty Bill passed in the Senate this week with a vote of 68-32. The House of Representatives is the only thing left standing between this bill and further economic hardships...
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Jobs 2013 Outlook

May 26, 2013
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It’s time for the outlook for Jobs 2013. Things are looking less bleak than last year. Unemployment in April 2013 stands at 7.5% compared with 8.1% last year in...
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China Is Relieved Over Romney

November 12, 2012
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China Is Relieved Over Romney

For the first time in a long time, a candidate was willing to point to the tip of the free trade iceberg during a campaign. Unfortunately, that candidate, Mitt...
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Money Follows Factories

September 9, 2012
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Money Follows Factories

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The Economy Is Not Coming Back

June 5, 2012
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Our unemployment rate edged up in May to 8.2 percent, from April’s 8.1 percent.  And we only added 69,000 new jobs in May, which was a surprise to the...
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Does Detroit Represent Post-Industrial America?

May 30, 2012
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Detroit is planning on reducing the number of street lights from 88,000 to 46,000 street lights, according to a recent report  by Bloomberg News.  Its residents are already learning...
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Surprise: The US Still Manufactures Things

April 30, 2012
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You may have heard news reports about how we still have a very large manufacturing industry in the US. But, it appeared to me that almost every manufactured item...
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Lack of Health Insurance is a Symptom

March 26, 2012
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The US Supreme Court has begun hearing arguments about the new US government-mandated health insurance plan, known as  the Affordable Care Act.  It is also known  in some circles,...
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Concerned About High Gas Prices?

February 26, 2012
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Sometimes the truth will leak out when our leaders and politicians are being interviewed. Mitt Romney said recently that he was not concerned about the very poor. ...
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Economic “Recovery” and the Elephant in the Room

February 24, 2012
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The past few weeks, the mainstream media have been touting some economic indicators, such as the unemployment rate and GDP growth, which show that our economy is slowly recovering from...
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