Archive for the 'Trade' Category

Labour regulations in China and India: Economic Freedom in Relief

This is a stunning statistic:
…the annual expansion in China’s trade has been larger than India’s total annual trade during last several years.
Tyler Cowen hones in on this point, amongst a bounty of good points:
The most important factor that still holds back large [Indian] firms from entering these products is a set of draconian labour laws [...]

Globalization: By Don Boudreaux

Cafe Hayek fans take note, it is finally out. Short review from Tyler Cowen:
This is the best popular book explaining the benefits of international trade. Imagine Bastiat for 2008, or a Cajun updating of Henry George’s Protection or Free Trade. Sadly it is expensive but I’d sooner give a student this book than [...]