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    Adam Smith's Enemy Was the East India Company, Not the Tariff of 1789

    Adam Smith’s Enemy Was the East India Company, Not the Tariff of 1789

    June 12, 2026

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    Adam Smith’s Enemy Was the East India Company, Not the Tariff of 1789

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The Telegraph: China denies currency war as global steel industry cries foul

ArchiveBy Michael StumoAugust 17, 2015

Industries across the world are bracing for a deflationary shock as China devalues, but Beijing adamant there is no secret plan to drive down the

EPI: By Devaluing Its Currency, China Exports Its Unemployment

ArchiveBy Michael StumoAugust 17, 2015

On Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a

Forbes: Man Bites Dog: Republicans Accede To A Foreign Body’s Demand

ArchiveBy Michael StumoAugust 17, 2015

Did you ever think you’d see congressional Republicans repeal a federal law in subservience to a foreign organization? [Reposted from Forbes  |  John Brinkley  | 

The Post and Courier: Georgetown steel mill’s demise inevitable in face of cheap Chinese imports

ArchiveBy Michael StumoAugust 17, 2015

Even if the Georgetown steel mill had survived to this point, China’s surprising decision Tuesday to devalue its currency likely would have been the 46-year-old

CAF: How Can We Fight Currency Manipulation To Regain Jobs?

ArchiveBy Michael StumoAugust 17, 2015

China had been setting a too-low exchange rate for their currency, thereby exporting unemployment. Then early this week their bank made a move and the

CAF: Sen. Brown Blocking Trade Nominee Over TPP Secrecy

ArchiveBy Michael StumoAugust 17, 2015

Ohio Senator Sherrod Brown has put a “hold” on the nomination of Marisa Lago to be deputy U.S. trade representative. Brown says that his trade

EPI: Congress Must Act to Save the 190,000 to 640,000 U.S. Jobs at Risk Due to Chinese Currency Devaluation

ArchiveBy Michael StumoAugust 17, 2015

China’s decision to devalue its currency last week means that it has chosen to export its unemployment problem, rather than take the hard steps needed

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