International trade – the essence of globalization – benefits the world economy as a whole. It allows people, regions and nations to specialize in the production of what they do best, to enjoy the economies of large-scale production and to buy more cheaply those things that others do best. Impediments to trade limit the benefits of trade.
The period between 1950 and 2000 was the greatest half-century in human history in terms of the improvement of economic conditions and the betterment of life for the great majority of people. The last quarter of the 20th century was probably the best 25 years of all time from a strictly economic point of view.
The truth about "global warming" is much less dire than Al Gore wants you to think.
Author, ABC NEWS Correspondent and co-anchor of 20/20
Recently, some scientists have claimed that human-caused global warming poses a significant threat to the survival of many species. For most species at risk, they argue, warming will cause the range of suitable habitat to shift faster than either the species (or their food sources) can move or adapt to a new range.
LOS ANGELES, CA, United States (UPI) — The thought of gasoline going to $4 per gallon this summer is small potatoes next to the high-stakes debate that is being revved …
Scientific debate continues regarding the extent to which human activities contribute to global warming and what the potential impact on the environment might be. Importantly, much of the scientific evidence contradicts assertions that substantial global warming is likely to occur soon and that the predicted warming will harm the Earth’s biosphere.
A new study by Dr. David Legates, Delaware's State Climatologist and director of the University of Delaware's Center for Climatic Research, throws cold water on the claim that global warming threatens to cause the extinction of polar bears.
The single most important economic and sociological change in our society in modern times has been the entry of women into the labor market. Click here to view entire article.
Here's a suggestion to all those sons scurrying in search of a Mother's Day present. Candy and flowers are swell, but a more lasting gift would be a call to …
Who's going to look after my kids while I'm at work, and how am I going to afford it? How can I make it to my child's soccer game or take her to the doctor?
The most important economic and social change in the past half-century has been the movement of women into the labor market. Yet our outdated public policies have completely ignored the change.
Various state legislators and interest groups around the United States are pushing for increases in the minimum wage. In California, for example, even Republican Gov. Arnold Schwarzenegger now advocates raising the state minimum wage from its current $6.75 an hour to $7.75 by July 2007. But when the minimum wage law confronts the law of demand, the law of demand wins every time. And the real losers are the most marginal workers – the ones who will be out of a job.
According to the authors of the new book Leaving Women Behind: Modern Families, Outdated Laws, the Senate should be looking for ways to update our health care system to better meet the needs of women and modern families.
Social Security's trust fund will run out of money in 2040, one year earlier than expected, and Medicare's trust fund will be depleted in 2018, two years earlier than expected, …
According to a review of the report's findings by John C. Goodman, president of the National Center for Policy Analysis (NCPA), the unfunded liability of the recently enacted prescription drug benefit for Medicare surpasses that of Social Security.
The U.S. Treasury Department will release the 2006 Social Security and Medicare Trustees Reports the afternoon of Monday, May 1. Just after the report is officially released, you are invited to get the inside scoop from both recently re-appointed Public Trustees.
WASHINGTON – The financial condition of Medicare is growing progressively worse and its problems will soon eclipse those of Social Security, the trustees of the government's two biggest programs said …