Free-trade between individuals and nations is the backbone of economic growth. The more trade we have and the wider the markets for that trade, the more we will be able to develop and utilize productivity enhancing technological changes that further spur the economic engine. An article in the February 22 edition of The Economist: “How to make the world 600 billion poorer” points to the failing of the Obama Administration to finalize two very important trade deals. If he cannot… Continue Reading ››
Quote of the Week!
“the passion for economic equality…is…a passion for getting as much as those above us in the economic scale already get rather than a passion for giving those below us as much as we ourselves already get.” –Henry Hazlitt