Religion & Liberty Online Archives

International Trade

April 05, 2006

Immigration is a symptom

Large numbers of migrant populations going out of a particular area or nation should be viewed in large part as a signal of something. There are reasons for people to pick up and move, and policy and governing bodies would do well to examine these reasons. Continue Reading...
March 22, 2006

The growing backlash against globalization

Actonites know about all the benefits of globalization. Most of these benefits are economic but also have much greater and often unseen social impact as well. Increased international trade in goods and services promotes division of labor and an efficient use of scarce resources, resulting in lower-priced, higher-quality products. Continue Reading...
March 20, 2006

Fair trade futility

I was intereviewed for this article in yesterday’s New York Times, but I apparently didn’t make the cut. Nevertheless, in “Fair Prices for Farmers: Simple Idea, Complex Reality,” Jennifer Alsever does an excellent job bringing to light some of the dangers that are inherent with external and artificial adjustments to the price mechanism. Continue Reading...
March 03, 2006

Offshoring spurs productivity

Here’s a brief note about a recent National Bureau of Economic Research working paper, “Service Offshoring and Productivity: Evidence from the United States.” According to the NBER digest, “service outsourcing is doing more than fueling an economic boom in the tech-savvy provinces of India. Continue Reading...
March 03, 2006

A time of flux for Electrolux

An interesting news story on local Grand Rapids television last night concerning the long awaited closing of an Electrolux plant. While the story was fair and optimistic, I got a bit of a kick out of soundbite from Chicago writer Richard Longworth who said: “A wonderfully decent way of life is now just being undermined by productivity, by the global economy.” Continue Reading...
February 23, 2006

The ‘ecumenical’ alternative

If you’re looking for more insight on, or perhaps simple confirmation of, the economic agenda of the ‘ecumenical’ movement (the World Council of Churches [WCC] the World Alliance of Reformed Churches [WARC], et al.), Continue Reading...
February 09, 2006

Aid does not equal growth

The traditional formula for understanding the relationship between the developed and the developing world is the following: Aid = Economic Growth. That is, foreign aid spurs economic development in poorer nations. Continue Reading...
December 21, 2005

“Brain Drain” reconsidered

A while back I mentioned a new book coming out questioning conventional wisdom on the “brain drain” problem caused by emigration from developing nations. The book will not be out for a while yet, but the author, Michele Pistone, has a long post on Mirror of Justice describing her findings and how they relate to traditional moral concerns raised by Catholic social teaching. Continue Reading...
December 20, 2005

Perusing Peru

Fr. Philip De Vous, chaplain of Thomas More College in Crestview Hills, KY and an adjunct scholar of public policy at the Acton Institute, writes of a recent trip to see operations of the Doe Run Company in Lima, Peru. Continue Reading...
December 20, 2005

Petrol-socialism

Predictions, anyone? Chavez continues to flex his socialist muscles as he has now given ExxonMobil an ultimatum: either give him the controlling interest in their company, or lose their Venezuelan operation altogether. Continue Reading...