Global Economy

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Robert P. Murphy

We free marketeers get exhausted saying it so many times, but here goes: Foreign imports do not destroy jobs on net. Government interventions against international trade do not promote employment. Everyone can get hired in a free labor market, so there is no issue of "providing jobs."

Mihai Sarbu

Free movement of capital, including human capital, is one of the pillars of prosperity. What explains this migration is not the political will of some evil western countries, but the price system that does an excellent job in directing capital where it can be the most productive.

George Reisman

Globalization is the process of bringing the entire world into the system of division of labor and thus into the system of social cooperation…

Yumi Kim

Meanwhile, the taxpayers have no choice but to contribute toward these eternal reforms.

Thomas J. DiLorenzo

With few exceptions, American unions have long been at the forefront of anti-capitalist ideology and have supported virtually all the destructive tax and regulatory policies that have been so poisonous to American capitalism.

Jeffrey A. Tucker

The best that Professor Yunus could do to help his country would be to use his now-considerable credibility to push for a freer market through radical privatization and free trade.