Day: December 17, 2010

Archive

Obama’s Trade Contortions

The Obama administration has been letting the free trade agreement (FTA) with Colombia, signed in 2008, languish in a drawer, and its explanations for doing so grow more convoluted every day, says Mary Anastasia O’Grady, an editor at the Wall Street Journal.

There’s a reason for that. Under Obamanomics, exports are

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Archive

How the US Government Is Creating another Housing Bubble

It looks like the government will soon use the taxpayers’ check book again to create a vast market for mortgages with low or no down payments and for overstretched borrowers with blemished credit, say Peter J. Wallison, a senior fellow, and Edward J. Pinto, a resident fellow, at the American

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Archive

Delays in drug registration hamper access

In the SA market, Intellectual Property Rights (IPR) protection lasts for a maximum of 20 years but the registration process consumes a significant portion of the time period allowed to recoup costs due to the lengthy period of time (sometimes up to 5 years) taken by the Medicines Control Council

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Archive

Why the Spending Stimulus Failed

In the US the intellectual and political left argues that the failed $814 billion stimulus in 2009 wasn’t big enough, and that spending control any time soon will derail the economy. But economic theory, history and statistical studies reveal that more taxes and spending are more likely to harm than

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Archive

Do Americans Still Believe Freedom Leads to Prosperity?

The modern ideals of private property, free markets and low taxes found unprecedented success in America over the last two hundred years. Beginning with free trade between the states, low taxes and a nearly hereditary aversion to government meddling – America prospered. The United States, with less than 5 per

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Archive

Ireland’s Reality Is Every Country’s Reality

As the government of Ireland undergoes scrutiny and criticism for its mismanaged fiscal house, the media risks missing the primary lesson, says Emily Skarbek, a research fellow and director of the Center on Entrepreneurial Innovation at the Independent Institute.

Poor public sector incentives drive politicians to enact policies that defy the

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