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The Rule of Law: Compare and Contrast

…United States; but all duties, imposts and excises shall be uniform throughout the United States; To borrow money on the credit of the United States; To regulate commerce with foreign

Mankiw and Wm. Randolph CBO report

…away from domestic labor, and away from foreign owners of capital toward foreign labor.” Of course, this would undermine the attractiveness of Mankiw’s preference, a regressive excise tax such as…

Carbon cap and trade, good idea? Bad Idea?

…that if a foreign company selling a product in America “enjoys a price advantage over an American competitor” because the American firm has had to comply with the cap-and-trade regime,…

The Shape of the Future

…is going to have to absorb much of the pain of curtailed consumer budgets and fewer exports to foreign nations affected by the turmoil in the U. S. The aftermath:…

INT’L RATE SPREADS &THE DOLLAR

…the spread between US and foreign bonds has narrowed and it no longer compensates foreigners for the currency risk they take when investing in the US. The consequences are a…

…that interest rate spreads exploded upward to attract the foreign capital needed to finance the structural federal defictit created by the Reagan tax cuts. Int he early 1980’s “crowding out”…

Slavery in my backyard and a thousand points of light

…today’s human traffickers, which are the same tactics as those used by the slave masters of old: deception, fraud, coercion, kidnapping, beatings and rape. Victims obtained from a foreign country…

Accounting 101 for Donald Luskin

…that money on foreign goods, and (3) the foreign maker of those goods doesn’t spend that money on American goods, somehow debt is created. I don’t see it. Where’s the…