American consumers are immensely better of when we buy radios, televisions, VCRs, CD players, and fax machines from Japan. The Japanese make those items better and cheaper than we can make them. Free trade is not expected to produce even exchanges … [Read more...] about Facing Reality About Trade with Japan
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LAWSUIT TO DISCOVER TECHNOLOGY SHIPMENTS
Would you believe that, if U.S. firms were to build a giant truck-manufacturing plant for the Russians, they could be relied on to build only civilian trucks and not military trucks? The average American would probably answer "don't be ridiculous," … [Read more...] about LAWSUIT TO DISCOVER TECHNOLOGY SHIPMENTS