Posts in "globalization"

Kelsey Crockett's picture
By Kelsey Crockett at 12:40PM

Romanticizing the Past, Jeopardizing the Future

Reminiscing over the “the good ole’ days” is common, especially during tough economic times. Back when people worked harder, educated themselves, and had a superior sense of morality than your 21st century average Joe. Everything was laid back. Life was good. That is, until you have to go out in a blizzard to chop firewood, or you can’t sleep because the stench of the 14 other people on the floor keeps you up, or you're drafted into some foreign war, or your child dies of chicken pox…depending on which decade or century of “good ole’ days” we’re advocating.

Specialization has led to efficiency, and efficiency has given us access to the world. The US is great at growing corn. It’s a specialty. Japan doesn’t have adequate space to grow corn well, but they have fabulous resources for making passenger cars (like the one below). So we trade. We work for Japan; Japan works for us. It’s a win-win! And it’s what can happen when the free market fosters, then utilizes, efficiency on a global scale. It’s a beautiful thing, and I would never trade it for the slow pace of the past. Make sure your candidates want to foster liberty and prosperity as time goes on, and not transport us back to some romanticized yesterday.

Nissan Leaf

The Nissan Leaf earned a top 5-star rating from the National Highway Traffic Adminstration and a Top Safety Pick Award from the Insurance Insitute for Highway Safety.

Peter Valdes-Dapena, CNN, “Nissan Leaf Earns Top Crash Safety Rating” July 25, 2011.

Roy Antoun's picture
By Roy Antoun at 12:59PM

Cyber Wars Becoming a Reality?

China is a little worried  about average citizens having full access to the interwebs:  With cyber security through the roof, the Chinese have extremely limited access to the internet.  Apparently the US government has decided that this is a problem which is ours to fix.

Our government, according to the New York Times, has already attempted to hack into Chinese servers several times before. And with Hillary Clinton's constant publicizing of her discontent with China's policy on the internet, it looks like our government is once again trying to interfere with another country's internal affairs.

There are two main problems with this scenario.  First, the United States needs to recognize the sovereignty of China and the way it wants to operate within its own boundaries. If the United States really wants to "compete" with China or attempt to start China's gradual decline, all it needs to do is lower taxes on growing businesses and allow the private sector to out-buy China globally. Second, China needs to learn that liberty is always the answer to any problem. If its society was free to begin with, we wouldn't be having this discussion right now.