Flaws in the Defense of Free Trade

From Art Carden:

But there’s more to this than meets the eye. What we don’t see are the hidden costs of protectionism. The first is the waste from using costly production methods. Protectionism changes manufacturers’ incentives, and they use capital and labor that could have been better-used elsewhere to produce (say) cars. The economic . . . → Read More: Flaws in the Defense of Free Trade

One Financial Advisor's Secrets for Making and Protecting Gains: Danielle Park

Never one to follow the conventional wisdom, author Danielle Park, president and portfolio manager with Venable Park Investment Counselors, sees more dark days ahead before the market moves into an inevitable secular bull phase. At the end of March, this investing pragmatist will share her secrets for protecting wealth at the World MoneyShow . . . → Read More: One Financial Advisor’s Secrets for Making and Protecting Gains: Danielle Park

Economic Events on March 1, 2012

The figures for motor vehicle sales for February will be released today.  The consensus estimate is that 14.0 million autos were sold last month, which would be 200,000 less than the previous month.

The monthly Chain Store Sales report will be released today.  This report on sales in chain stores gives a look at . . . → Read More: Economic Events on March 1, 2012