Trade economists typically believe that in addition to lower prices for imported goods, trade liberalisation also brings import variety and domestic productivity gains. This column accounts for these ‘new’ gains in a careful reconsideration of the Canada-US Free Trade Agreement. Although the agreement did see improvements in Canadian income associated with import variety and domestic productivity, these were far outweighed by the welfare loss associated with the reduction in domestic variety. Nonetheless, Canadian welfare did improve overall when one takes into account the ‘traditional’ gains associated with lower import prices.
IN CASE YOU MISSED IT: Larry Solum’s Succinct and careful testimony in favor of originalism.
Rothschilds surrender US Corporation bankrupt USA Republic accepts shared human destiny World Freemasons gather in Tokyo to select new leader and golden age dawns Desperate counter attack by Satanic mafia failing on all fronts as human liberation nears Battle to free humanity... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Q: Libertarian economic theorists tend to believe that trade deficits are of minimal importance. Do these deficits really have a great impact on America's economy? A: If the president and congress are not doing their job through fiscal policy--regulating government spending and taxing--and the Federal Reserve is not doing its...
**Weekend Reading: Josh Barro**: _[Healthcare: Republicans Lied. They Deserve Punishment]_: "It's hard to decide which would be the more politically damaging outcome for Republican politicians... >...passing the American Health Care Act, and therefore owning the premium increases and coverage losses it would cause; or not passing the bill, and therefore...
Jim Rogers On Trump, Economic Collapse, Gold/Siliver, US Dollars & China “There is a lot of optimism,” said Jim Rogers, chairman of Rogers Holdings. “People are focusing on the good stuff when it comes to [Donald] Trump,” he said. But there is no telling what Trump will do once in office... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
HIGHER EDUCATION BUBBLE UPDATE: Documentary on Yale Reveals How Scary U.S. Campuses Have Become. “These are moves of power, not of reason.”
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The Event Is Coming Soon - Vault 7 Leak Exposes a Secret War Against We the PeopleBy Preston James, Ph.D.Note: This is a long article, and involves information you were never supposed to find out about. Over the years, hundreds have been murdered who bucked this evil system, and thousands of... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
LAYERS AND LAYERS OF FACT CHECKERS AND EDITORS: All 27 things wrong with today’s London Daily Mail front cover. On the other hand: Forget it, Jake — it’s Fleet Street.
RACHEL DOLEZAL TELLS HER STORY: Dolezal has penned a memoir in which she compares her travails to slavery and describes her harrowing childhood as a pale, blond girl growing up poor on the side of a Montana mountain. As she toiled in the garden for her strict, Evangelical parents, she’d dream of freeing her inner […]