Monthly Archives: July 2011

July 27, 2011

The Wrong Way to Free Trade

LATE last week, a longstanding debate over free-trade agreements with South Korea, Colombia and Panama — deals that were negotiated under President George W. Bush but never finalized — stalled once again. President Obama supports the agreements, but only if … Continue reading

Posted in Trade | 1 Comment
July 18, 2011

Free trade, safe trade: Poor economic policies can be rather painful, literally

One may be forgiven if, on reading the ceaseless G20 pronouncements in favour of freer trade, one infers that there is an almost universal agreement that trade matters, that freer trade is a policy to be pursued for public good. … Continue reading

Posted in Trade | 1 Comment
July 11, 2011

Communication to Professor Ross Garnaut of Australia apropos the debate over carbon taxation there

Professor Bhagwati favours carbon emission taxation. In particular, he favours it over ad hoc actions (urged by the “anti-globalization” lobbies) like subsidising local production as against importation of specific products based simply on the assertion that imports “obviously” add to … Continue reading

Posted in General | 3 Comments