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The fi e rst kibbutz, called Degania, was established southwest of the Sea of rst kibbutz, called Degania, was established southwest of the Sea of
Galilee in 1910, but the vast majority of kibbutzim...
Industry, Self-Interest, and Individual Preferences over Trade Policy
Trade Policy Industry Self-Interest,
2015/6/5
Do voters have economically self-interested preferences about trade policy? Despite
considerable research on this question, no consensus has emerged. We argue that scholars can
gain new insight by...
The effects of uncertainty under a cap-and-trade policy on afforestation in the United States
land-use change greenhouse gas emissions commodity prices
2014/11/27
To combat climate change, cap-and-trade policies have been proposed and implemented in countries around the world. The stochastic carbon price that results from a cap-and-trade policy makes investment...
Introduction
Even though more than a century has passed since Frederic Bastiat
faced the iuterventionists’ refrain, little has changed. Free-traders
are still told that their principles are correct...
It takes a perceptive mind to find logic in US, trade policy. Our steel
import policy destroys 50 jobs in the rest of the economy for each
one saved in the steel industry. Restrictions on auto impor...
There is a long history of intellectual interest in and public concern
with the interrelationship between trade policy and national security.
In general, mainstream economists with their emphasis on...
Some things matter whether or not they exist. The Loch Ness
monster is one. National trade deficits are another, Trade deficits
obviously matter to many people, because (whatever they are) they
see...
U.S. TRADE POLICY：HISTORY AND EVIDENCE
U.S. TRADE POLICY protectionism trading nations tariffs
2008/12/8
For the past 13 years, U.S. trade policy has been on a steady course
toward increased protectionism. A policy to reduce tariffs across the
board among all trading nations has been paralleled by effo...
Realism versus Fantasy
Nowadays the press and the hearing rooms of Congress are full of
remarks to the effect that free trade is unreal, a fantasy, a myth, “a
Utopian dream.” Its “Utopian-like prom...
INTERNATIONAL TRADE AND NATIONAL PROSPERITY
INTERNATIONAL TRADE NATIONAL PROSPERITY Schumpeterian Growth
2008/12/8
In writing about foreign trade over the years, I have churned out a
fairly complex set of ideas dealing with the relationships between
trade and growth. More exports can either stimulate or retard g...
TRADE AND DEVELOPMENTTHE：ASIAN EXPERIENCE
ASIAN EXPERIENCE potential impact exports economic growth performance
2008/12/5
Introduction
One development issue that has attracted much attention in recent
years is the potential impact of a country’s exports on its economic
growth performance.’ Based primarily on simple re...
If general acceptance by the economics profession were the criterion
for success or failure of a theory, the theory of the trade cycle
attributed to F. A. Hayek would have to be declared a failure.’...
The existence of substantial barriers to interstate trade is one of the
more surprising aspects of the public policy environment. Barriers
to trade are generally familiar to students of public polic...
Popular and political perceptions about the relation ofthe U.S. budget
and trade deficits are based on the observation that both deficits
have been unusually high during the past several years. Our ...
TRADE AND INVESTMENT UNDER FLOATING RATES：THE U.S. EXPERIENCE
FLOATING RATES U.S. EXPERIENCE exchange rate system
2008/12/3
Since the move to a managed floating exchange rate system in
1973, world financial markets have been characterized by largemovements
in nominal exchange rates. These movements have been
accompanied...