Krugman’s Concession
In his piece in the New York Times: “How Did Economists Get It So Wrong?” (On my flight yesterday I read the shorter version in the International Herald Tribune; this…
Economic Insights
Russia Copies an Idiotic Program
Russia is set to introduce its own car scrappage scheme following the success of similar programmes in the US and Europe in boosting car sales. BBC: “Russia set for scrappage…
Two Voices of Reason on Financial Matters
My friends Pierre Bessard (Liberales Institut, Switzerland) and Jeffrey Rogers Hummel (San Jose State University) have just published two most interesting articles on the likely outcome of expanding interventionism. New…
Bad News: US military Stepping Up Presence in Colombia
AP: “Washington, Colombia near deal on base access” The “War on Drugs” is a prime reason for the success of the military groups that are attacking the government and civil…
A New “Silk Road”?
BBC: “Asia takes first step on modern ‘Silk Route’” This is very positive. Trade creates not only prosperity, but peace. Removing barriers (such as requirements that goods be unloaded and…
Infrastructure Madness
From Jack Shafer at Slate: “Infrastructure MadnessDon’t believe everything you read about the failing bridges and antiquated waterworks.” As Tom G. Palmer wrote in the February 1983 Inquiry magazine (disclosure:…
London News Conference
From the London news conference at the offices of the Legatum Institute to launch the FreedomToTrade.org campaign.
Protecionismo pode ampliar tempo da crise
From my interview with Diário do Comércio in Brazil. (Click on the image above twice to get a larger view of the page.)
Bob Geldof Promotes Free Trade and Shuns “the retreat to protectionism and the retreat to militarism” (and some other things)
Sign up for the movement for free trade at FreedomToTrade.org.