Archive Feb 2012

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• Pretend Free Trade vs. Balanced Trade -- The national debate kicked off on FoxNews yesterday
• The Greek Crisis Reveals the Fatal Weakness of the Euro and the Gold Standard
• Tom Goergen foresees the coming financial crisis
• Deficit Commission should address both deficits
• China raises its tariff on some US nylon products to 96.5%
• Why Financial Reform Now? Why Not a Bill That Creates Jobs?
• Why we should tax interest earned by foreigners in the United States
• Congress passes foolish tax change that will increase US trade deficits
• Congress Caused This Depression. Not Wall Street. Not the Banks
• China's temporary trade deficit largely due to stockpiling of commodities
• Geithner will Punt on China Currency
• Boston Globe spins nuclear summit as success
• Obama bows as Chinese President Hu stiffs him
• U.S. Trade Deficit up in February
• The FairTax Solution
• Smoot-Hawley did not cause the Great Depression
• The Greek and the American Financial Crises -- Similarities and Differences.
• Obama adopts Bush's losing strategy in Afghanistan
• Obama halts US drilling in Chukchi Sea
• Charleston Post Courier editorial advocates Buffett's Import Certificates to balance trade
• NPR explains Chinese currency manipulation
• Obama punts on Chinese currency manipulation
• Good joke in today's American Thinker
• China's multiple barriers to American products
March 2010
February 2010
January 2010


Categories:
Book Reviews
Capital Gains Taxation
Corporate Income Tax
Consumption Taxes
Economy - Long Term
Economy - Short Term
Environmental Regulation
Real Estate Taxation
Trade
Miscellaneous

• Listen to Ray on the Ron Morris (The American Entrepreneur) Radio Show
• McCotter Moving Up (a bit) in Polls
• Washington postponing real budget cuts
• CBO supports our estimate that Fannie & Freddie will cost hundreds of billions more
• House Prices Falling - Except in DC
• House Republicans need to change course after NY special election loss. In 2012, they should run on balanced budgets and trade
• Zillow Real Estate Research reports that home values are falling fast
• Obama, Bernanke and Congress losing war against supply and demand in housing market
• Obama reverses fall of house prices -- in Washington DC
• Average house prices may fall 15% over the next four years
• Why Lt. Gen. Clapper, Director of National Intelligence, Is Being Belittled
• When the Jews and Persians were Friends
• Morici: "Democrats will stubbornly argue the economic recovery will collapse if the deficit is cut by any more than $100bn"
• Election Mandates, Party Principles, and the Tax Cuts
• Schwarzenegger's Sea Level Prediction, One Year Later
• Debt and American Power
• House-Senate negotiators likely to throw out good provisions of financial reform bill, while institutionalizing future bailouts
• British economists urge Greece to default on its debts, abandon euro
• The Euro: This Marriage Can't Be Saved -- We're published in American Thinker this morning
• Senate punts on Volcker Rule
• Rand Paul's victory in Kentucky puts the Federal Reserve on notice
• The UN's hopeless war against Afghan opium - We're published today by Enter Stage Right
• How We Won and Lost the War Against the Taliban
• Good joke in today's American Thinker
• The Age of Scientific Conformity
• Volcker may have replaced Summers as Obama's chief economic advisor
• Obama's Anti-Bank Rhetoric Fails in Massachusetts
• Obama now claims to be a populist!

Outside Links:

• American Economic Alert
• American Jobs Alliance
• Angry Bear Blog
• Economy in Crisis
• Econbrowser
• Levy Economics Institute
• McKeever Institute
• Michael Pettis Blog
• Naked Capitalism
• Natural Born Conservative
• Science & Public Policy Inst.
• TradeReform.org
• What's Up With That
  
  

  Wikipedia:

• [An] extensive argument for balanced trade, and a program to achieve balanced trade is presented in Trading Away Our Future, by Raymond Richman, Howard Richman and Jesse Richman. “A minimum standard for ensuring that trade does benefit all is that trade should be relatively in balance.” [Balanced Trade entry]

  Journal of Economic Literature:

• [Trading Away Our Future] Examines the costs and benefits of U.S. trade and tax policies. Discusses why trade deficits matter; root of the trade deficit; the “ostrich” and “eagles” attitudes; how to balance trade; taxation of capital gains; the real estate tax; the corporate income tax; solving the low savings problem; how to protect one’s assets; and a program for a strong America....

  Atlantic Economic Journal:

• In Trading Away Our Future   Richman ... advocates the immediate adoption of a set of public policy proposal designed to reduce the trade deficit and increase domestic savings.... the set of public policy proposals is a wake-up call... [February 17, 2009 review by T.H. Cate]