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Tagged: NAFTA

adam smith

Adam Smith In 2016 Presidential Politics

The Wealth of Nations by Adam Smith is the accepted rationale for a free-market economy. Smith’s key insight was that individuals working in their own interests are led by “an invisible hand to serve public interest” benefiting the broader society. As a liberal-progressive capitalist, I believe that while on the...

NAFTA

NAFTA Has Benefitted The U.S., Mexico and Canada

  In 1992, Independent presidential candidate Ross Perot warned voters that “There will be a giant sucking sound going south,” as a result of the North American Free Trade Agreement (NAFTA) due to huge wage differentials between the U.S., Canada and Mexico. Proponents argued a trade agreement, aimed at liberalizing...