The fact is, while the U.S. and the major European countries have emphasized the idea and benefits from free trade, all of these governments impose various types of tariff and other barriers to shelter selected sectors of their respective economies.
What is the fundamental issue is: monetary central planning – with its embarrassingly awful one hundred year track record with paper monies – or getting government’s direct or indirect hand off the handle of the monetary printing press.
What our world needs today is to transcend the collectivisms of the present, whether under more extreme authoritarian regimes or the seemingly milder spiders’ web of controls and commands of the interventionist-welfare state under existing democratic systems of government.
A trade war may also finally prompt China to do the smart thing and dump its trillion-plus holdings of U.S.
Had the government regulators not approved Bayer’s acquisition of Monsanto, human flourishing would have diminished.
Lying is motivated by the mistaken belief that one can actually gain a value by telling a lie, to deceive others (or oneself).
Instead of enforcing the Constitution and using its authority against the British Columbia government and protesters initiating physical force against Kinder Morgan property and its employees, Trudeau stayed true to what he said prior to the last election: “Governments might grant permits, but only communities can grant permission.”
Israel, the region’s only free society, faces a virulent movement fighting to eradicate individual freedom and to impose totalitarian rule in the name of Islam — the jihadist cause — and Iran is a leader of that cause.
CAPITALISM REVIEW