From the abstract of a new paper from the NBER, “Globalization and Poverty,” by Ann Harrison:

“This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows…. The collected evidence suggests that globalization produces both winners and losers among the poor. The fact that some poor individuals are made worse off by trade or financial integration underscores the need for carefully targeted safety nets.”

Read more on NBER on Globalization and Poverty…

Yes, I realize that no one likes the current version of the Comprehensive Immigration Reform bill. But it is possible to make constructive changes without being comprehensive. Here are a couple of recent examples:

Read more on Good News on Immigration…

We often hear about the “need” for debt forgiveness. Our movie stars and celebrities like to clamour about it being a “moral obligation” and, of course, leaders of developing nations like the idea as well. But is debt forgiveness really going to help out the people of these developing nations? Samuel Gregg, Acton’s director of research, argues that debt forgiveness is not a moral obligation, nor is it necessarily such a great idea for the economies of some of these countries. Dr. Gregg examines the Republic of the Congo as an example of why debt forgiveness is a bad idea.

Read more on Debt Forgiveness in Developing Nations…

Writing in the San Diego Union Tribune, Ruben Navarette explains how the Mexican economy and corruption are related to the U.S. immigration problem. After talking with a Mexican born, U.S. citizen, Navarette observes:

Read more on Mexican Politics and the Economy, Part II…

I have argued on this site that the last thing America needs is European style government-by-demonstration, and that the massive street demostrations over illegal immigration perhaps were a sign of the Left’s intention to import exactly that style of guerilla theater politics into America. Now Mexico seems poised to illustrate that point: the free market candidate for president is leading the pack. According to the WSJ, but the two leftist parties are threatening to disrupt society and dispute the election if he wins:

Read more on Mexican Politics and the Economy…

A couple years ago I wrote a commentary that didn’t exactly defend outsourcing, but did recognize its benefits and argued that it could be done morally if done correctly. I won’t pretend that my writing is read widely enough to generate voluminous responses of any sort, but that piece did elicit a significant number of responses, many of them negative. Several correspondents, who had no personal connection to me, ostensibly knew a great deal about me, including my salary and the type of vehicle I owned. The salary estimate was high by about 250 percent. The car model guess was closer: I’ve never owned a Lexus but I did drive a Lincoln at the time (ten years old, it cost me $3500).

Read more on Outsourcing Education…

The Rock Star, sounding kind of Acton-ish:

Bono acknowledges that four years ago when he toured Africa with then U.S. Treasury Secretary Paul O’Neill, bringing private sector with him would never have crossed his mind.

Read more on Bono: Give Us a Call…

Sir Bob, Free Trader?

The May 16 Independent is guest-edited by the ubiquitous Bono and sports the RED brand–another Bono project where a share of the profits from the mag will be donated to fighting AIDS and poverty in Africa. (Other companies with RED brands include Converse, American Express, Armani, and GAP.) See the issue for yourself (where you will find a critique of subsidies, as well as Nelson Mandela giving props to RED as well as an interview with commedian Eddie Izzard–two men who much too rarely share a marquee).

Read more on Geldof Trades Up…

You can read my piece today responding to an article in the New York Times over at National Review Online, “Free Workers & Free Trade.”

The NYT piece passes on the allegations of numerous immigrant workers at garment factories in Jordan that they have been lured into the country, had their passports taken, and then forced to work long hours for illegally low wages. There’s an implicit critique of the free market system, and large retailers like Wal-Mart and Target, in the article, blaming them for the de facto conditions of slavery.

Read more on Free Workers, Free Trade…

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.

Read more on Immigration is a Symptom…