Tag Archives: Henrique Schneider

The U.S. and China’s ‘free trade’ agendas

GiS Expert View by Henrique Schneider

“Pursuing protectionism is like locking oneself in a dark room,” said China’s President Xi Jinping. “Wind and rain may be kept outside, but so is light and air.” Mr. Xi’s words of warning were directed at the new president of the United States. Meanwhile in Washington, Donald Trump erected new barriers to free trade. Why does Communist China seem to embrace free trade while the capitalist U.S. resorts to protectionism? The answer is simple. In both countries trade, or its absence, is just an instrument of politics. China’s approach to trade is best described as mercantilism. Its government allows for some economic freedom within its borders.
However, it pushes and regulates exports and curbs imports. The more the country exports, the more money it accumulates and the more power it has.
China does allow for some internal trade. But it has a set of “strategic industries” that are ring-fenced by regulation. This regulation makes it almost impossible for foreigners to supply, invest or acquire any stake in them. Also, a large network of state-owned enterprises operates independently from China’s free-trading commitments …

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The U.S. and China’s ‘free trade’ agendas

Download Papers of 12th Gottfried von Haberler Conference

haberler conference 2016

Central Banks, Fiscal Policy
and the Betrayed Citizen

The XII. International Gottfried von Haberler Conference took place on May 20, 2016 in Vaduz, at University of Liechtenstein. Topic: “Central Banks, Fiscal Policy and the Betrayed Citizen” (German translation: “Über Zentralbanken, Schuldenpolitik und den geprellten Bürger”). The event was organized and hosted by ECAEF – European Center of Austrian Economics Foundation. Conference papers can now be downloaded here:

On Central Banks and the ‘Taylor Rule’
- John B. Taylor (USA)
Falsche Zentralbankpolitik, Konsequenzen und mögliche Alternativen
- Peter Bernholz (CH)
Über die Schulden-, Transfer- und Bankenunion - Tillman C. Lauk (ES)
Fiskalpolitik: Keynesians vs. Austrians - Thorsten Polleit (D)
Über Rechte und Freiheit des Bürgers - Henrique Schneider (CH)
Overdose! The Corrupting Effects of Easy Money - Johan Norberg (S)

Relevant literature also offered for sale at buchausgabe.de.