Monday, January 25, 2016

Reducing Tariffs and restrictions on free-trade, a good thing?

Australia was somewhat harmed in the free-trade deal the Republic of Korea (ROK, or 'South Korea') made with the United States, and another deal with the European Union...but how?

If another country yours trades with, makes a deal that reduces tariffs and trade restrictions with some other county, your still restricted goods/services are more expensive vis-à-vis the newly freed items from that some-other country.

Get it?  Does it MOOOOOve you?

Is this an example of competition making things better for all?




http://www.theguardian.com/world/2014/feb/17/free-trade-deal-with-south-korea-will-help-australian-beef-producers

Tuesday, January 12, 2016

Sharia.

What is it?  How does it affect a free-market?  Hmmm...methinks that it would destroy it in as much as Sharia appears to be a totalitarian imposition of power, totally abrogating the concept of a 'free' market.  I guess some would say that it is a free market, as long as you only sell the items permitted, like young girls (particularly blonde girls) as sex slaves.  Yes, I used the most outrageous example I could think of (hard to do in 21st century America) to point out the alieness of it.


All wars are economic at their foundation.  They are fought over scarce resources for whatever stated purpose, be it nationalistic or religious.  The most important resource in the world is people.

Check it out: http://www.theoakinitiative.org/oak-leaf-98#.VpUXXRUrKUk