Mercantilism

Purchasing power gains or losses respective to the U.S. of several countries

by Juan Fernando Carpio July 9, 2010

Market-oriented reforms such as privatization, deregulation and tariff decreases being the clear and unequivocal factors. In PPP terms, asigning a quotient of 1 to the U.S. Country         1980     1994     2008 United States      1.000       1.000       1.000 Australia       [...]

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Two questions on anti-IP

by Juan Fernando Carpio July 8, 2010

As a lecturer of ECN101 at USFQ, Ecuador, I regularly take my students through all the basic tenets of Economic Science. Of course, I have a primordially Austrian approach, but I make sure to give them an overview of the current debates among schools of thought and even within them (did someone say Bizantine arguments [...]

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Don’t Bet on China

by Stephan Kinsella May 12, 2010

China is widely viewed as a “threat” to the US because of its perceived rapid and unstoppable economic growth. This is, in my view, doubly confused. First: if the premise were true, this would be good, not bad. Second: I don’t think China is in such great shape. Unfortunately. Some free market economists think otherwise. [...]

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Stop the ACTA (Anti-Counterfeiting Trade Agreement)

by Stephan Kinsella April 11, 2010

I blogged a year ago about the “Secret intellectual property treaty [that] could profoundly change life on the Internet.” At the time, the text was still secret but it was believed that the treaty: “seeks to set forth standards for enforcing cases of alleged copyright and patent infringement.” Now, as Cory Doctorow notes in How [...]

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Net Neutrality Developments

by Stephan Kinsella April 7, 2010

In recent years the “Net Neutrality” movement has gained steam. This is an effort by various statists, interventionists, do-gooders, meddlers, and techno-ignoramuses who seek to have the government forbid network providers (e.g. cable companies, telcos, and wireless carriers) from selectively blocking certain types of Internet use–for example, to require companies to give Web users equal [...]

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Libertarians regressing to unsound, and thus, unfair Economics

by Juan Fernando Carpio April 1, 2010

To conclude, we can say that all individualists, anarchists, and libertarians…will profit much more from Mises, Rand, Rothbard, Reisman, and their heirs than from pre-Rothbardian and pre-Randian authors on the Economics and Ethics of a free society.

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Drugs Without Patents: Profit and Cornucopia

by David J. Heinrich April 1, 2010

An argument that pharmaceutical companies can profit without patents, that patents and FDA regulations hinder progress, and that a truly free market creates incentives for wide and rapid distribution of drugs to those in need.

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