Tag: Mercantilism

Obama’s Prosperity-Killing Protectionism »

I often disagree with Matthew Yglesias, but I found myself cheering when I read parts of his Slate column on President Obama’s State of the Union Speech. The president’s stated wish to protect domestic jobs by hindering trade is, Yglesias writes, “a strikingly retrograde, self-contradictory, and confused agenda of reviving American prosperity through mercantilism.”...
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Take or Pay at the EPA »

A story by Matthew Wald in the New York Times on January 9th demonstrates the poverty of governmental attempts to pick “winners” in the realm of green technologies, the wasteful subsidy programs supporting that policy goal and the huge costs for the private sector of being unable to march to Washington’s tune. Among its...
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Robert Higgs Is Interviewed on The Peter Schiff Show on the Folly of Government Interventionism »

Senior Fellow Robert Higgs is interviewed here by Thomas Woods on “The Peter Schiff Show.” Dr. Higgs discusses how the federal government prolonged and deepened the Great Depression of the 1930s that lasted until after World War II when such policies were either ended or radically reduced. Moreover, the current attempts at central-government planning...
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Alex Tabarrok Interviewed on Restoring Innovation and Entrepreneurship »

Independent Institute Research Director Alexander Tabarrok is interviewed here by Ray Lehmann on the FIRE (Finance, Insurance & Real Estate News) Podcast for the Heartland Institute. The interview discusses many government barriers that exist that block innovation and what policy reforms could be adopted now to restore entrepreneurship and prosperity. Issues addressed include patents...
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No War for Oil Confronts a Key Premise of U.S. Foreign Policy »

Ivan Eland‘s new book, No War for Oil: U.S. Dependency and the Middle East, challenges a long-standing pillar of U.S. foreign policy—the belief that U.S. national and economic security require that American taxpayers fund the military protection of oil-rich foreign lands, especially in the Persian Gulf. According to Eland, senior fellow at the Independent...
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Anti-Chinese Bipartisanship »

A troubling agreement among divergent ideological strains in America has emerged over the years: China’s growing wealth is a problem worthy of a political solution. It is a focus of anger and frustration that unifies much of the left—unionists, opponents of free trade and corporations, agitators for regulatory harmonization, consumer “advocates” demonizing the Yellow...
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More “Green” Energy Cronyism and Corporate Welfare »

The New York Times reports in “A Gold Rush of Subsidies in Clean Energy Search” that NRG Energy is receiving nearly $1.6 billion in government subsidies for its new compound in California of almost one million solar panels. The Times further notes that: Similar subsidy packages have been given to 15 other solar- and...
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Biodefense Cronyism and Corporate Welfare »

In the aftermath of the Solyndra cronyism debacle, the Los Angeles Times now reports that a no-bid contract was awarded last May to a firm controlled by a billionaire Obama supporter for the highly unlikely national security threat of a small pox attack: Over the last year, the Obama administration has aggressively pushed a...
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Beyond Politics Exposes the Roots of Government Failure »

Economic “stimulus” packages that don’t revive the economy and that increase federal deficits and undermine private investment and job growth? Check. Laws meant to protect endangered species but which incentivize landowners who have them on their property to “shoot, shovel, and shut-up”? Check. Anti-poverty programs that foster dependency and hinder participation in the job...
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Magna Carta 2011 »

As did many, former Mayor Willie Brown wrote a tribute of Steve Jobs in his San Francisco Chronicle column this week. Except, in inimitable Willie Brown fashion, his was rather more a tribute to himself—an accolade to Brown’s magnanimous use of his discretionary power to make a San Francisco Apple store possible. It seems...
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