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free trade

Tony Wikrent's picture

How the status quo can kill: the example of free trade


[Welcome, Naked Capitalist readers! And Merry Christmas, Yves! -- lambert] Read below the fold...

Mandos's picture

The bailout as epiphenomenon; or, how globalization kicked my puppy

So I was planning to write a long, witty song-and-dance about a theme to which I've occasionally alluded lately: the importance of globalization in this bailout crisis. But then I decided I'd spare the words and write it out as a few easy and very approximate steps.

1. American wages rise with unionization. Capital is captive and cannot go on strike, must actually innovate. Read below the fold...

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