Does anyone think Americans would be richer if each of the fifty states had restrictions on trade with the other states? Thats the interesting question that Martin Wolf, Associate Editor at the Financial Times, asks in his new book “Why Globalisation Works”.
The question itself is a valid one. In the
Germany has poured $1.5 trillion to rev up eastern Germanys stagnant economy since its reunification with the west in 1990. Unfortunately, say observers, young people in the east are abandoning their cities in favour of better opportunities in western Germany.
The unemployment rate in many
The Taser gun emits 50,000 volts of electricity up to 21 feet away, enough to momentarily incapacitate a person. Police departments around the U.S. have reported sharp declines in shooting fatalities since deploying the Taser.
Seattle police began using Tasers in 2001, and last year reported no fatal shooting
Protectionist measures are threatening the economic progress made by the U.S. and Canada since the passage of the Canada-U.S. Free Trade Agreement (FTA) in 1989 and the North American Free Trade Agreement (NAFTA) in 1994.
Though Canada and the U.S. exchange about $1.9 billion in goods and services every day, both
The European Union (EU) is the second-biggest sugar exporter. However, the European climate is ill-suited for this agriculture: the cost of producing a pound of sugar in the EU is more than six-times higher than in Brazil. The only way to keep their farmers in business is through
Generic AIDS drugs often sell at much higher prices than the media generally quotes, and only free market competition in the AIDS treatment industry will encourage drug research and distribution to those who need it most, say Roger Bates (American Enterprise Institute) and Richard Tren, director of Africa Fighting Malaria.
Pharmacies
