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How Not to Create Jobs

President-elect Obama has a plan to create 2.5 million jobs over the next two years. One of his ideas is to install energy-efficient light…

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Stock Market Selloff?

Following the economy, especially lately, can be confusing. Reporters are not helping matters. A CNN.com article, for example, blames yesterday’s stock market plunge on…

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More Trade Means More Peace

If goods do not cross borders, then soldiers will. It’s an old saying. Maybe even a cliché. But there is some truth to it. What…

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Is the Stimulus Working?

The New York Times ominously reports that “G.D.P. Grows at Tepid 1.9% Pace Despite Stimulus” A more accurate wording would be “G.D.P. Grows at…

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Doha Round Stalled Again

Disagreements over farm subsidies have caused the current round of WTO negotiations to collapse.  Developing countries are upset that subsidized farmers from rich countries…

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End Farm Subsidies, Save Doha

The U.S. government transfers about $17 billion from taxpayers to farmers in an average year. Every man, woman, and child in the country gives more…

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UK Town to Abolish Traffic Cameras

The UK has quietly become one of the most-surveilled societies on earth. The isle sports an eye-popping one surveillance camera for every fourteen people.

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Has the WTO Gone Bananas?

Who knew bananas could be controversial? The U.S. and the EU are locked in a heated dispute over banana tariffs. Ecuador, Guatemala, Honduras,…

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Obama Now a NAFTA Supporter

Now that the primaries are over, Sen. Barack Obama has come out in favor of NAFTA.  He told Fortune in an interview that “Sometimes…

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A New Regulatory Order?

Harvard economist Larry Summers has some ideas for a new regulatory order in the Financial Times. In typical Summers fashion, his…

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Crafty Regulators

Contrary to popular belief, regulators tend to be very clever people. They know the rules of the game, and they know to how to use…

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The Cuban Embargo

Barack Obama says he would keep in place the 47-year old Cuban trade embargo if elected President. CNN says Obama views the trade restrictions…