MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘free trade’

Trade Myths – LewRockwell

Posted by M. C. Fox on July 10, 2018

https://www.lewrockwell.com/2018/07/laurence-m-vance/trade-myths-die-hard/

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I received several comments and questions regarding trade after the publication of my recent article, “Stupid Countries Restrict Trade.” Here is a summary of some questions that a few people had:

What should the government of the United States do if other countries impose tariffs on U.S. goods exported to their countries?

What should the government of the United States do if a country subsidizes its exports to the United States?

What should the government of the United States do if it had no tariffs on foreign imports but other countries imposed tariffs on U.S. exports?

Trade myths die hard. Here are three of them I want to refute based on the comments and questions I recently received. Read the rest of this entry »

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Globalists and Nationalists – LewRockwell

Posted by M. C. Fox on March 13, 2018

Men will fight for family, faith and country. But how many will lay down their lives for pluralism and diversity?

https://www.lewrockwell.com/2018/03/patrick-j-buchanan/globalists-and-nationalists/

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…Britain converted to this utopian faith and threw open her markets to the world. Across the Atlantic, however, another system, that would be known as the “American System,” had been embraced.

The second bill signed by President Washington was the Tariff Act of 1789. Said the Founding Father of his country in his first address to Congress: “A free people … should promote such manufactures as tend to make them independent on others for essential, particularly military supplies.”

In his 1791 “Report on Manufactures,” Alexander Hamilton wrote, “Every nation ought to endeavor to possess within itself all the essentials of national supply. These comprise the means of subsistence, habitat, clothing and defence.”

This was wisdom born of experience. Read the rest of this entry »

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Free Trade versus “Free Trade” | Mises Wire

Posted by M. C. Fox on January 25, 2017

https://mises.org/blog/free-trade-versus-free-trade

To paraphrase a former White House occupant…It depends on what your definition of free trade is. TPP it ain’t.

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Only Free Trade – LewRockwell

Posted by M. C. Fox on January 18, 2017

https://www.lewrockwell.com/2017/01/walter-e-williams/free-trade-3/

One of the unappreciated benefits of international trade is that it helps reveal the cost of domestic policy. For example, the Occupational Safety and Health Administration can impose high costs on American companies, but it has no jurisdiction elsewhere. Our Environmental Protection Agency can impose costly regulations on American companies, but it has no power to impose costly regulations on companies in other countries. Congress can impose costly tax burdens on American companies, but it has no power to do so abroad. Restrictions on international trade conceal these costs.

All government interference with free trade costs us jobs and money.

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