How Capitalism Will Save Us (76 page)

BOOK: How Capitalism Will Save Us
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43.
Jacob Sullum, “Coffin Break,”
Reason
, December 31, 2004.
http://www.reason.com/news/show/35973.html
.

44.
Clark Neily, “IJ Takes on Oklahoma Casket Cartel,” Institute for Justice, May 2001.
http://www.ij.org/index.php?option=com_content&task=view&id=1707&Itemid=245
.

45.
Valerie Bayham, “A Dream Deferred,” Institute for Justice, September 2006.
http://www.ij.org/index.php?option=com_content&task=view&id=1631&Itemid=246
.

Chapter Six: “Aren’t Free Trade and ‘Globalization’ Destroying American Jobs and the Economies of Other Nations?”

1.
Adam Smith,
An Inquiry into the Nature and Causes of the Wealth of Nations
(T. Nelson, 1852), p. 185.

2.
David Ricardo,
On the Principles of Political Economy, and Taxation
(New York: Penguin, 1971).

3.
Rod Hunter, “An Unwinnable War,”
Weekly Standard
, March 31, 2009.
http://www.weeklystandard.com/Content/Public/Articles/000%5C000%5C016%5C347aehbf.asp?pg=1
.

4.
Ibid.

5.
Scott C. Bradford, Paul L. E. Grieco, and Gary Clyde Hufbauer, “The Payoff to America from Global Integration,” Peterson Institute for International Economics, 2006.
http://www.iie.com/publications/papers/2iie3802.pdf
.

6.
Daniel Drezner, “U.S. Trade Dilemma: Free or Fair?”
Washington Post
, September 15, 2006.
http://www.washingtonpost.com/wp-dyn/
content/article/2006/09/14/AR2006091401140.html
.

7.
Ana Isabel Eiras, “Why America Needs to Support Free Trade,”
Heritage Foundation
, May 14, 2004.
http://www.heritage.org/research/tradeandeconomicfreedom/bg1761.cfm
.

8.
Robyn Meredith and Suzanne Hoppough, “Why Globalization Is Good,”
Forbes.com
, April 16, 2007.
http://www.forbes.com/free_forbes/2007/0416/064.html
.

9.
Cited in Nathan Gardels, “Globalization Bites Back,”
National Perspectives Quarterly
, April 5, 2004.
http://www.digitalnpq.org/global_services/global_ec_viewpoint/04-05-04.html
.

10.
Daniel Griswold, “Trade, Democracy, and Peace: The Virtuous Cycle,” Presentation at World Trade Centers Association, April 20, 2007.
http://www.freetrade.org/node/681
.

11.
Ibid.

12.
Washington Times
, editorial, May 16, 2004.
http://www.washingtontimes.com/news/2004/may/16/20040516-102448-2933r/
.

13.
John Engler, “Forging A Second American Century,”
Forbes.com
, May 28, 2009.
http://www.forbes.com/2009/05/27/john-engler-manufacturing-business-america.html
.

14.
Rod Hunter, “An Unwinnable War,”
Weekly Standard
, March 31, 2009.
http://www.weeklystandard.com/Content/Public/Articles/000%5C000%5C016%5C347aehbf.asp?pg=1
.

15.
Gary Hufbauer and Jeffrey Schott, “Buy American: Bad for Jobs, Worse for Reputation,” Peterson Institute for International Economics, February 2009.
http://www.iie.com/publications/pb/pb09-2.pdf
.

16.
Douglas Irwin, “If We Buy American, No One Else Will,”
New York Times
, January 31, 2009.
http://www.nytimes.com/2009/02/01/opinion/01irwin.html
.

17.
Hufbauer and Schott, “Buy American.”

18.
Ibid.

19.
James Roberts, “Elimination of U.S. Pilot Truck Program Triggers Mexican Tariffs,” Heritage Foundation, March 24, 2009.
http://www.heritage.org/research/latinamerica/upload/wm_2357.pdf
.

20.
McKinsey Global Institute, “Offshoring: Is It a Win-Win Game?” McKinsey and Company Inc., August 2003.
http://hei.unige.ch/~baldwin/ComparativeAdvantageMyths/
IsOffshoringWinWin_McKinsey.pdf
.

21.
Ibid.

22.
Catherine L. Mann, “Globalization of IT Services and White Collar Jobs: The Next Wave of Productivity Growth,” Peterson Institute for International Economics, Policy Brief 03-11, December 2003.
www.iie.com/publications/pb/pb03-11.pdf
.

23.
Daniel Drezner, “U.S. Trade Strategy: Free Versus Fair,” Council on Foreign Relations, 2006.
http://www.cfr.org/content/publications/attachments/CPCTrade.pdf
.

24.
Ibid.

25.
Ibid.

26.
“Hearing on Confirmation of Mr. Timothy F. Geithner to be Secretary of the U.S. Department of Treasury,” Finance Committee Questions for the Record, United States Senate Committee on Finance, p. 81, January 21, 2009.
finance.senate.gov/…/LEG%202009/012209%20TFG%20Questions.pdf
.

27.
Indira Lakshmanan, “Clinton Urges China to Keep Buying Treasuries,”
Bloomberg.com
, February 22, 2009.
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahowJ.dThUNs&refer=home
.

28.
Ibid.

29.
Jagdish Bhagwati, “U.S. Trade Policy: The China Question,” Testimony before the Senate Finance Committee, March 27, 2007.
http://74.125.95.132/search?q=cache:l_3DWelupFIJ:www.columbia.edu/~jb38/Testimony%2520March%252027%252007
.doc+longer+are+also+cast+in+doubt+by+her+communist+politics.+China+lacks+ currently+the+four+elements+of+a+functioning+democracy:+NGOs,+a+free+press, +opposition+parties+and+an+independent+judiciary.+The+result+is+growing+ social+disruptions+as+commissars+and+their+cronies+grab+land,+for+example.&cd=1&hl=en&ct=clnk&gl=us.

30.
Robert Samuelson, “U.S. Shouldn’t Fear Rise of China, India,”
Business Times
, May 26, 2005.
http://yaleglobal.yale.edu/article.print?id=5762
.

31.
Thomas Omestad, “Does Financial Crisis Threaten America’s Central Role in Global Economy?”
US News & World Report
, October 10, 2008.
http://www.usnews.com/articles/news/2008/10/10/does-financial-crisis-threaten-americas-central-role-in-global-economy.html
.

32.
John Steele Gordon, “Why NAFTA Was a Very Good Thing,”
AmericanHeritage.com
, December 17, 2007.
http://www.americanheritage.com/articles/web/20071217-north-american-free-trade-agreement-canada-mexico-george-h-w-bush-globalization.shtml
.

33.
Heidi Sommer, “The Economic Benefits of NAFTA to the United States and Mexico,” National Center for Policy Analysis, June 16, 2008.
http://www.ncpa.org/pub/ba619
.

34.
Daniel Griswold, “NAFTA at 10: An Economic and Foreign Policy Success,” Center for Trade Policy Studies, Cato Institute, December 17, 2002.
http://www.freetrade.org/node/87
.

35.
Anil Kumar, “Did NAFTA Spur Texas Exports?” Federal Reserve Bank of Dallas, March/April 2006.
http://www.dallasfed.org/research/swe/2006/swe0602b.html
.

36.
Ibid.

37.
John Steele Gordon, “Why NAFTA Was a Very Good Thing,”
AmericanHeritage.com
, December 17, 2007.
http://www.americanheritage.com/articles/web/20071217-northamerican-free-trade-agreement-canada-mexico-george-h-w-bush-globalization.shtml
.

38.
Daniella Markheim and Brian Riedl, “Farm Subsidies, Free Trade, and the Doha Round,” Heritage Foundation, February 5, 2007.
http://www.heritage.org/RESEARCH/BUDGET/wm1337.cfm
.

39.
Brian Riedl, “How Farm Subsidies Harm Taxpayers, Consumers, and Farmers, Too,” Heritage Foundation, June 20, 2007.
http://www.heritage.org/research/agriculture/upload/bg_2043.pdf
.

40.
Daniel Griswold, Stephen Slivinski, and Christopher Preble, “Six Reasons to Kill Farm Subsidies and Trade Barriers,”
Reason
, February 2006.
http://www.reason.com/news/show/36207.html
.

41.
Robert Bryce, “Corn Dog,”
Slate.com
, July 19, 2005.
http://slate.msn.com/id/2122961/
.

42.
C. Ford Runge and Benjamin Senauer, “How Biofuels Could Starve the Poor,”
Foreign Affairs
, May/June 2007.
http://www.foreignaffairs.com/articles/62609/c-ford-runge-and-benjamin-senauer/how-biofuels-could-starve-the-poor
.

43.
Martin Crutsinger, “Trade Deficit Is 2nd Highest Ever,” Associated Press, March 11, 2005.
http://www.usatoday.com/money/economy/trade/2005-03-11-trade-deficit-jan_x.htm
.

44.
“Trade Deficit Falls for 7th Straight Month in February,” Associated Press, April 9, 2009.
http://blog.cleveland.com/business/2009/04/trade_deficit_falls_for_7th_st.html
.

45.
Judith Shelton, “Time for a New Bretton Woods,”
Wall Street Journal
, October 15, 1998.
http://www.imfsite.org/operations/shelton.html
.

46.
Lawrence White, “Is the Gold Standard Still the Gold Standard Among Monetary Systems?” Cato Institute briefing paper, February 8, 2008.
http://www.cato.org/pub_display.php?pub_id=9181
.

47.
Carter Dougherty, “Merkel, at Davos, Calls for a ‘Global Economic Charter,’ ”
New York Times
, January 30, 2009.
http://www.nytimes.com/2009/01/30/business/worldbusiness/30iht-davos.4.19817885.html
.

48.
Brett Schaefer, “Gordon Brown’s Financial Folly: The Global Economy Does Not Need More Regulation,” Heritage Foundation, October 17, 2008.
http://www.heritage.org/Research/internationalorganizations/wm2107.cfm
.

49.
Ambassador Terry Miller, “New Global Currency Proposal: Good Diplomatic Theater but Bad Policy,” Heritage Foundation,
http://www.heritage.org/Research/tradeandeco nomicfreedom/wm2364.cfm
. March 26, 2009.

Chapter Seven: “Is Affordable Health Care Possible in a Free Market?”

1.
Milton Friedman, “How to Cure Health Care,”
Hoover Digest
, 2001.
http://www.hoover.org/publications/digest/3459466.html
.

2.
Ibid.

3.
Clifford Krauss, “Canada Looks for Ways to Fix Its Health Care System,”
New York Times
, September 12, 2004.
http://www.nytimes.com/2004/09/12/international/americas/12canada.html?position=&pagewanted=print&position=
.

4.
David Gratzer, “A Canadian Doctor Describes How Socialized Medicine Doesn’t Work,”
Investor’s Business Daily
, July 26, 2007.
http://www.ibdeditorials.com/IBDArticles.aspx?id=270338135202343
.

5.
“Hospitals Punished for Their Success,”
The Telegraph
, August 2, 2006.
http://www.telegraph.co.uk/comment/personal-view/3626813/Hospitals-punished-for-their-success.html
.

6.
Karyn Miller, Adam Lusher, and Tom Harper, “Too Successful: The Hospitals Forced to Introduce Minimum Waiting Times,”
The Telegraph
, August 7, 2006.
http://www.telegraph.co.uk/health/healthnews/3342361/Too-successful-the-hospitals-forced-to-introduce-minimum-waiting-times.html
.

7.
Johnny Munkhammar, “Markets Are the Answer to Health Care Problems,” Heartland Institute, August 2007.
http://www.heartland.org/policybot/results/
21701/Markets_Are_the_Answer_to_Health_Care_Problems.html
.

8.
Sally Pipes, “Drug Importation Is a ‘Reform’ We Can Do Without,”
Washington Examiner
, October 19, 2008.
http://m.washingtonexaminer.com/dcexam/
db_8610/contentdetail.htm;jsessionid=B3851A2BA
7300FAE0C29D2EBCAFD62BC?full=true&contentguid=
wT4PUmMI&pn=8&ps=5
.

9.
David Asman, “There’s No Place Like Home,”
Wall Street Journal
, June 8, 2005.
http://www.opinionjournal.com/extra/?id=110006785
.

10.
Ibid.

11.
Ibid.

12.
Ibid.

13.
Valentin Petkantchin, “How Europe Stifled Medical Innovation,” Institut économique Molinari, March 27, 2009.
http://www.institutmolinari.org/editos/20090327.htm
.

14.
John Goodman, “Health Alert,”
John Goodman’s Health Policy Blog
, January 23, 2009.
http://www.john-goodman-blog.com/where-the-medical-markets-actually-work/
.

15.
Ibid.

16.
Grace-Marie Turner, “The Value of Innovation in Health Care,” Galen Institute, January 13, 2009.
http://www.galen.org/component,8/action, show_content/id,13/category_id,2/blog_id,1145/type,33/
.

17.
Michael Tanner, “Obama’s Health-Care Plan: Wrong RX,”
National Review Online
, May 30, 2007.
http://www.cato.org/pub_display.php?pub_id=8266
.

18.
Stuart Butler, “Insurance Exchange Is a Good Idea but Not at the National Level,”
New York Times Health Care Watch
, October 7, 2008.
http://campaignstops.blogs.nytimes.com/2008/10/07/insurance-exchange-is-a-good-idea-but-not-at-the-national-level/
.

19.
Sally Pipes, “Daschle’s Health Plan Is Recipe for Bigger Government, Less Choice,” Heart land Institute, March 2009.
http://www.heartland.org/publications/
health%20care/article/24689/Daschles_Health_Plan
_Is_Recipe_for_Bigger_Government_Less_Choice.html
.

20.
Merrill Matthews, “A Health-Insurance Solution,”
Wall Street Journal
, December 12, 2007.
http://www.drugwonks.com/blog_post/show/
4445?eid=774065bc8b95932f826a65ccab63 aaac
.

21.
Merrill Matthews, “The ‘Uninsurable,’ ”
Washington Times
, June 16, 2008.
http://www.washingtontimes.com/news/2008/jun/16/the-uninsurable/
.

22.
John Cochrane, “Health-Status Insurance: How Markets Can Provide Health Security,” Cato Institute Policy Analysis, February 18, 2009.
http://www.cato.org/pubs/pas/pa-633.pdf
.

23.
Ronald Bailey, “The Health-Status Insurance Solution,”
Reason
, March 3, 2009.
http://www.reason.com/news/show/132018.html
.

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