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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...
In this paper, we examine the role of trade shocks in promoting the diffusion of elementary education in subnational units in Brazil during a period (1889–1930) in which they had relative financial au...
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...
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...
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 AND FREE-TRADE POLICY     FREE-TRADE POLICY  REALISM  Fantasy       2008/12/8
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...
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...
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 ...

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