Ludwig von Mises Institute

Equity of Trade Versus Free Trade The U.S. has a huge trade imbalance with most trading nations. The imbalance is not in agriculture, although many food products -- both raw and processed -- enter the U.S. at prices below those for comparable U.S.-grown foodstuffs. To a large degree the imbalance is in manufactured goods. One reason is that many nations have lower costs of production -- based upon a lower standard of living, cheap labor, inexpensive raw materials, protective government policy

As the country rises out of the depths of the “Great Recession”, there are many signs that the economy is improving. Employment, home sales and automobile sales are increasing and a NBC/Wall Street Journal Poll shows that 73% of the country feels that the economy has started to recover or has stabilized. However, there is a phenomenon occurring that is causing a strain in the ability of the country to completely shake the hold of the recent economic downturn. At a greater rate than previously seen

Is China a Neo-mercantilist nation? Definition: neo-mecantilism Neo-mercantilism is a policy regime that encourages exports, discourages imports, controls capital movement, and centralizes currency decisions in the hands of a central government. The objective of neo-mercantilist policies is to increase the level of foreign reserves held by the government, allowing more effective monetary policy and fiscal policy. This is generally believe to come at the cost of lower standards of living than an

North vs. South in the Great Depression The Great Depression is one of the most misunderstood events in not only American history but also Great Britain, France, Germany, and many other industrialized nations. It also has had important consequences and was an extremely devastating event in America. It was the longest and most severe depression ever experienced by the industrialized Western world. When the New York Stock Exchange crashed in October 1929, the United States dropped sharply into a

History in textbooks today is not the same as it was several years ago. Revisionism is the support of ideas and beliefs that go against accepted ideas and try to change them in, what may be, a dishonest or incorrect way. In America, textbooks have been revised to change the way we see popular political figures and major events. Since President Johnson signed the Freedom of Information Act in 1966, Americans have been made more aware of the history of their people. Many controversial topics have

Walmart From Wikipedia, the free encyclopedia Wal-Mart Stores, Inc. (NYSE: WMT (http://www.nyse.com/about/listed/lcddata.html?ticker=wmt) ), branded as Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012, the biggest private employer in the world with over two million employees, and is the largest retailer

Chapter one 1.0 INTRODUCTION In almost all nations of the world today, taxes form the most important part of governments’ venue. The need for taxation the world over and particularly, the “Third World”, has become necessary; and will remain so with the increasing dependence of the citizenry on the central government for the provision of infrastructure and other necessaries of life. In Ghana, the central government provided and continues to make available such infrastructure as roads, portable water

Mergers and Acquisitions Current Issues Edited by Greg N. Gregoriou and Karyn L. Neuhauser MERGERS AND ACQUISITIONS Also edited by Greg N. Gregoriou ADVANCES IN RISK MANAGEMENT ASSET ALLOCATION AND INTERNATIONAL INVESTMENTS DIVERSIFICATION AND PORTFOLIO MANAGEMENT OF MUTUAL FUNDS PERFORMANCE OF MUTUAL FUNDS Mergers and Acquisitions Current Issues Edited by GREG N. GREGORIOU and KARYN L. NEUHAUSER Selection and editorial matter © Greg N. Gregoriou and Karyn L. Neuhauser