#Arkhaven INFOGALACTIC #Castalia House
I was asked to consider Paul Craig Roberts’s case against free trade, which he describes as follows: In 2004 NY Democrat Senator Chuck Schumer and I opened a New Year with a jointly authored column in the New York Times. We raised the offshoring issue. American manufacturing jobs and the tech jobs of American professionals […]
In all the many defenses of Free Trade going back to David Ricardo and his fatally-flawed concept of Comparative Advantage, and in all of the critiques going back to the 18th century mercantilists, one of the issues that no one either side of the economic issue ever seems to discuss is the inherent fragility of […]
French wine terrorists are attacking and destroying Spanish wine trucks. French winemakers quite literally painted the town red today when they intercepted trucks carrying cheap Spanish booze and smashed crate-loads of it all over the road. Le Boulou tollbooth, just ten miles from France’s border with Spain, was turned into a battleground this morning when dozens […]
The Tree of Woe contemplates the fallacies of free trade: Fletcher’s assault on Fortress Free Trade consists of five interlocking theoretical arguments and one empirical argument. He begins by undermining the assumptions at the foundation of Ricardian free trade theory. Labor and Capital are Mobile. Go back and re-read the examples above. Did you notice […]
In amidst the economic pain and disruption incumbent in the fall of Clown World, there are some significant silver linings: The founder of the Taiwan Semiconductor Manufacturing Corporation, Morris Chang, says geopolitics is having profound effects on the semiconductor industry. Speaking at an event in Phoenix Arizona, where his firm was debuting an ambitious $40 […]
What is being described as “the heist of the century” is striking fear into every banker and parasite bloating himself on the financial flows of the failing neoliberal world order and the so-called global economy: Arm is widely regarded as the most important semiconductor IP firm. Their IP ships in billions of new chips every […]
Matt’s Musings explores the Biblical perspective on free trade: Communism is one of the dumbest forms of society conceivable. Nazism is just as bad, and feminism has a higher death toll than both of those two systems combined. But communism is so obviously dumb. It impoverishes a nation, it empowers the particularly wicked to get […]
It’s interesting to see that the West is suddenly discovering the intrinsic dangers of free trade when it is China providing services to other nations: China could shut off the Philippines’ power grid at will, a report has warned – highlighting fears about Beijing’s role in infrastructure around the world. A report for Philippine lawmakers […]
A reader sends an informative quote from the great 19th-century British advocate of free trade, Prime Minister William Gladstone: Advocacy of Free Trade goes back to the United Kingdom of 1846-1860. However, what William Gladstone actually said as a defense of free trade is “It is a mistake to suppose that the best way of […]
They have no response to the free mobility of trade argument and they know it. It’s very amusing to see how they are thrashing about and repeating their rhetorical dogma as if it is even relevant. A reader emails concerning a pair of Gene Epstein’s appearances on Tom Woods’s show: Vox Day if you think […]