I was unaware of the details of the Vietnamese catfish import barriers. All I knew of “basa” was that it didn’t have the musty taste of Louisiana catfish; and so, made a more tasty “blackened catfish” dinner than the real thing. No wonder the domestic catfish industry wants Vietnamese catfish kept out; it is cheaper and tastes better than their product.
The Fall 2003 issue of the Austrian Economics Newsletter is an extensive report by Roger Garrison about his experience as the first Hayek Visiting Fellow at the London School of Economics. This is a special web edition. For an outline of his talks and photos, see the classroom site.
Ron Paul defends free trade in pharmaceuticals, against the state, the special interests, and the DC “free-traders.”
It Looked Good on Paper (NYT): “About six months ago, Professor Boskin, an economist at Stanford who was chairman of the Council of Economic Advisers under the first President George Bush, released a paper suggesting that the federal government had a bounty of $12 trillion coming that no one had bothered to count.
Producers constantly strive to create that new style they hope will spark a demand all its own, a fashion worthy of the consumers’ vote, thus being victorious in the next market election. Abercrombie and Fitch has been that triumphant candidate in recent years, setting fads that have stormed the market.
The latest news surrounding the clothing chain, however, is not in regards to its new summer line or its plans for next fall, but rather a discrimination lawsuit brought against the industry leader.
The BBC has reported that elephants employed by the government of India will be entitled to welfare benefits.
The BBC reports that the Bahraini communications company Batalco, and US-based VoEx, have set up in Iraq and started offering liimited cell phone service, even before the occupation government has issued licenses. “The Coalition Provisional Authority (CPA) said a week ago that it has asked companies to express interest in licences by 28 July, and hopes to get the bidding process underway within weeks.”
Former BIS head joins JP Morgan (Times Online): “The former head of the Bank for International Settlements (BIS), which acts as the central bankers’ central bank, has been appointed president of the subsidiary JP Morgan Chase International. He will act as an international ambassador for the finance house.
