Editorial: Cap-and-trade bill promises paltry returns

Democratic dissension, Republican opposition and growing public skepticism may derail Congress’ potentially economy-crippling carbon cap-and-trade bill, perhaps saving Americans billions of dollars. The bill’s author, Rep. Henry Waxman, D-Calif., is opposed by centrist Democrats, who fear the Draconian regulations would severely harm their constituents. Congress members representing the steel industry and coal and nuclear power […]

Canada trade deal needs to be protected

Freedom New Mexico President Obama’s visit to Canada was notable for the ever-so-slight undercurrents of uneasiness between two countries that have enjoyed generally amicable relations over the sometimes touchy issue of trade. Obama made foolish comments during the presidential campaign (in the heart of a Rust Belt filled with people and union leaders eager to […]

Trade policies becoming streamlined

Freedom New Mexico The final failure of the so-called Doha Round of multilateral trade negotiations last month has been described as a crisis in trade policy and even in the headline to a Wall Street Journal editorial, as “the end of free trade.” There’s no question it was disappointing, but it may be that such […]

Proposed trade agreement met with opposition

Freedom New Mexico It’s sad, really. For most of the last century, the Democratic Party, as the most significant advocate of an internationalist perspective in American politics, understood that promoting international trade was a key aspect of being an internationally oriented world power that valued multilateral relations. With its latest action on a proposed trade […]

Fairgrounds hosts first Trade Days

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CNJ staff photo: Liliana Castillo Cousins Leslie Vannatta, left, and McKinzie Davis, 5, browse some jewelery Saturday during Curry County Trade Days at the Curry County Fairgrounds. Davis said she “wanted some bling.” By Kevin Wilson: CNJ Staff Writer The finish wasn’t perfect for Lee Chaffee, but the price was. A California native, and a […]

Republicans give visions of future: President Hillary

By Freedom New Mexico In Tuesday’s Republican presidential panel presentation — to call it a debate is to do serious injustice to a respectable format — on business and economics, most of the candidates reverted to tried-and-true Republican tropes. Almost all of them say they are for low taxes, “reasonable” regulation and reduced government spending. […]

Trade embargo won’t promote change in Cuba

By Freedom Newspapers Frederic Bastiat is credited with saying, “If goods don’t cross borders, soldiers will.” He knew the best way to keep nations on speaking terms with one another was trade. It’s difficult for a nation to foment distrust of and anger with another nation when the people of both rely on one another […]

Imports pose increasing threat to consumers

By Freedom Newspapers Our support for free trade doesn’t come without caveats — including, obviously, that reasonable safeguards exist to prevent foreign trading partners from dumping unsafe or fraudulent products on the U.S. market. Accurate and honest country-of-origin labeling also is crucial, so consumers can make educated choices. Increased U.S. trade with China is generally […]

Situation doesn’t look good for poor

By Freedom Newspapers The election of Rafael Correa, an advocate of socialist policies who, naturally, is called a “populist” or “reformer” in most news stories, as president of Ecuador is at least a setback for more open trade. And open trade is the most effective way for Latin America to climb out of poverty. Since […]

Book breaks down economic elements

By Walter Williams: Syndicated columnist Professors James Gwartney (Florida State University), Richard Stroup (Montana State University) and Dwight Lee (Georgia University), three longtime colleagues of mine, have recently published “Common Sense Economics.” It’s a small book, less than 200 pages, that addresses a serious economist dereliction of duty: making our subject understandable to the ordinary […]