Category Archives: Free Trade

The Point of Immigration

Yet another article extolling the virtues of immigration into the United States. We at DumbAgent believe that borders should be completely open to immigration of all sorts. Simple Supply and Demand mean that workers will travel (often very far and through perilous terrain) to find jobs to which they are suitably matched. The workers immigrating [...]

Laissez Faire in Languages?

A recent article in the Economist highlights an interesting topic. Is it better to protect one’s language, as France and Germany are doing, or to have more of a laissez-faire attitude, as is done with English? English is more widespread than the other two languages, but that does not necessarily mean causation. After all, it [...]

Lexington and Free Trade in goods, people and ideas

As we have mentioned in our book and in a recent article, we need international trade and we need to have an open society in order to progress. The Economist’s Lexington, in his final article for the publication, puts forth an excellent case for the same point. Some good quotes: The government subsidises foreigners to [...]

Excerpt from our Book: Dumb History – The Boston Tea Party

What follows is an excerpt from our new book: Bringing Sexy Back to Economics. It is an understatement to say that the late 1700’s were a turbulent time in American History. The colonists were fed up with being considered second class citizens and more and more of them were eager to rid themselves of the [...]

Et tu Stiglitz?

We have all heard of Joseph Stiglitz; the Nobel prize winning economist who releases books every now and then. You may also be familiar with his belief in more regulation for the economy and his criticism of President Obama’s rescue plan for the financial industry, famously remarking that whoever came up with it is “either [...]