Tag Archives: competition

Paid Family Leave

The view that if something is good or beneficial the government should provide or mandate it is one of the attitudes dividing those who favor limited government from those favoring a more expansive and generous government. The following provides one … Continue reading

Posted in Family, Government | Tagged , , , , , , | 2 Comments

Buy American, Hire American

President Trump continues to repeat his populist slogan “Buy American, hire American,” reflecting the way he and Steve Bannon appear to understand what is needed to make America Great Again. Thus, with apologies, I endeavor again to explain why this … Continue reading

Posted in News and politics, trade | Tagged , , , , , , , , , | 1 Comment

Trade and Globalization

Specialization and the accompanying astounding development of productive technologies have lifted the standard of living around the world to unbelievable heights over the last three centuries. Trade—selling what we specialize in making and exchanging them for the wide range of … Continue reading

Posted in Economics, trade, Uncategorized | Tagged , , , , , , , , , | 3 Comments

Economics Lesson: Income Inequality

French economist Thomas Piketty’s bestselling book on wealth inequality, “Capital in the Twenty-First Century,” has become the focus of a debate over increasing income inequality in the US and many other countries. I have not read the book, which apparently … Continue reading

Posted in Economics | Tagged , , , , , , , , , | 4 Comments