Mercifully, free trade has escaped a US onslaught
Fears of a protectionist backlash by economic nationalists have proved unfounded on both sides of the Atlantic

Those of us who support globalisation, who celebrate the way it has raised living standards and reduced poverty around the world, are forever worrying that there may soon be a backlash, [...]

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“The Globalization of Markets” at 25: An Appraisal
Let me test your mastery of the social sciences once again by posing this question:Which academic discipline popularized the concept of “globalization”?(a) Economics(b) Political Science(c) Marketing(d) Geography
The answer, surprising as it may be to some, is (c). When you visit this blog, you will undoubtedly notice [...]

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Welcome It: The Hispanicization of the USA
It should be absolutely no surprise to anyone that I am favourably disposed to this Wall Street Journal article which discusses demographic trends in the USA. That I adopt a pro-immigration stance is no mystery. However, this latest article should give even those who are critics of [...]

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Striking Out on Energy. Bush and McCain need a new approach.
By Larry Kudlow
President George W. Bush and Sen. John McCain went to bat on energy policy this week. And guess what? They both struck out.
Bush went hat in hand to the Saudis to ask for more oil production in order to bring down world prices. [...]

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The “BRICs” (and Mortar) of the New Global Economy
by John Browne

In the early days of the American republic, fortune seekers were urged to “Go west young man!” Unfortunately, with the American economy now clearly showing its fragility, the rallying cry for today could be, “Go abroad!”
In the past quarter century, the center of [...]

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China’s Simple Solution
by Peter Schiff
As China grapples with the consequences of its devastating earthquake, it has also begun to finally confront the destabilizing forces bubbling up beneath its economic landscape. This week, several key Chinese officials, typically not known for their candor, conspicuously noted the need to both stimulate domestic consumer spending and bring down [...]

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A strategy to promote healthy globalisation
By Lawrence Summers

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Last week, in this column, I argued that making the case that trade agreements improve economic welfare might no longer be sufficient to maintain [...]

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Running on empty? Fears over oil supply move into the mainstream
By Carola Hoyos

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On a rainy day last month, four drummers, three guitarists, a bagpiper, two didgeridoo players and 186 others [...]

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US begins to break foreign oil ‘addiction’
By Carola Hoyos, Chief Energy Correspondent

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The US is starting to break its “addiction” to foreign oil as high prices, more efficient cars, and the use [...]

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Post-Subprime Economy Means Subpar Growth as New Normal in U.S.
By Rich Miller and Matthew Benjamin

May 19 (Bloomberg) — A normal [...]

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