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A lot has been said recently about the manner in which China manipulates it's currency, the Yuan. But China wants to hear none of it. In his annual press conference, Mr. Wen Jiabao, China's Prime Minister said that he was "a staunch supporter of free trade" and denied that the Yuan...
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I am a post professional with a degree in aeronautics and am now at a crossroads in my life after finishing ten years in the military. I would like to get a second degree in economics but am unsure which universities are best suited to the task. My previous experiences with economics classes were less...
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I was having a discussion with a liberal friend of mine the other day, and I was speaking about the efficiencies of the free market versus the state. I interchangeably used the terms companies, businesses and corporations. He felt that corporations were often very inefficient. But, he made it clear that...
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Recently I wrote to Walter Block, below is my letter to him and below that is his reply. Walter Hello, how are you? I was hoping you could help me. Ive been in a series of discussions with local Obama watermelon environmentalist. what began as small talk has exploded into a lively debate, with me gaining...
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I have been thinking of this article, in which I read recently. In its entirety I believe the author answers his own questions, in regards to barring entry to the market but does try to avoid that it is regulation in the one aspect where when regulation was repealed to let smaller competitors compete...
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Real wealth and real monetary value is created and/or acquired ONLY when the members of a family (or a nation, tribe, city-state, etc.) plant, grow and/or harvest something of commercial value from the earth, extract something of commercial value from the earth, provide professional services (medical...
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http://www.bicusa.org/EN/Article.3601.aspx I am in an anthropology class this semester and we are all required to read and present our opinions on an article from the book Conformity and Conflict: Readings in Cultural Anthropology . Knowing that I am interested in Economics, my instructor assigned me...
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Just wandering. Is is a synonym?? Second question: i was wandering are there any synonyms for "free market
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I am currently taking a class entitled "Politics of the Global Economy," and today we had a class discussion of the ethics/morality/solutions to sweatshops in undeveloped countries. Thus far in my life, I have only ever added menial tidbits to such discussions, but today I jumped in with my...
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Say you buy 10,000 cartons in the USVI, and pay the sales tax on them, at the price of $2.50 a pack and then ship them to New York City where you sell them for 7.50 a pack; thereby offering a lower price to the consumer and earning a profit. Doesn't trying to prevent this constitute a form of protectionism...