PBR: Friedman on Free Trade

No, not that Friedman. In a wide-ranging lecture for the Carnegie Council for Ethics in International Policy earlier this year, George Friedman touched on American policy with regard to trade. He says of the United States, it has the potential to reshape patterns of international trade if it chooses. Continue Reading...

PBR: Retreat, not Surrender

Free trade seems to get all the blame when things go wrong and none of the credit when things go right. It’s the Rodney Dangerfield of global economics: it gets no respect. Continue Reading...

PBR: Globalism in Retreat

From the scuffle over “Buy American” provisions in the most recent federal stimulus package, to concerns about declining exports in countries like China, to high-profile meetings of politicians and economists, it seems like anti-globalization sentiment is on the rise. Continue Reading...

PBR: Dangerous Deficit Spending

In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” One of the gravest moral issues related to the American Recovery and Reinvestment Act is the matter of dangerous deficit spending. Continue Reading...

PBR: Something for Nothing

In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” The ARRA makes clear that we have not learned one great moral lesson: You can’t have something for nothing. Continue Reading...

PBR: Do We Need a New New Deal?

In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?” Perhaps the most effective historical trope in pushing through the massive stimulus package on Capitol Hill has been the notion that if only the New Deal of the 1930s hadn’t had to wait more than three years for the election of FDR, the Great Depression might have been avoided. Continue Reading...

PBR: A Mainline Bailout

In response to the question, “What is the future of the faith-based initiative?” Under the Obama administration, the faith-based initiative will increasingly become a means to bailout flagging mainline and liberal denominations and ministries, who will have no problem accommodating their religious practices to secular standards. Continue Reading...

PBR: Public Good and the Faith-Based Initiative

In response to the question, “What is the future of the faith-based initiative?” I have little confidence in the future of the faith-based initiative because conservatives who gain office are unwilling to take any fire at all in order to advance the cause beyond concept. Continue Reading...
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