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The Constitution of the United States is one of limited powers. The federal government has the authority to do only those things the Constitution says it can do. Over the centuries, the General Welfare Clause has been used as justification to expand federal power. However, if one were to apply...
Persistent link: https://www.econbiz.de/10013055855
The General Welfare Clause of the United States Constitution grants authority to the federal government to expend funds that provide for the general welfare. If one were to apply utilitarian economic theory to the General Welfare Clause, one might reasonably conclude that the government only has...
Persistent link: https://www.econbiz.de/10013055861
This article examines the view that sanctions should be imposed on Russia because of its involvement with Crimea. Applying sanctions fails the utilitarian ethics test because sanctions result in more losers than winners. The result would be a negative-sum game. Sanctions fail the rights test...
Persistent link: https://www.econbiz.de/10013033979
Antidumping laws have existed in some form since the early twentieth century. Ostensibly aimed at protecting domestic producers from unfair trade practices, they have frequently been used as weapons of protectionism even when dumping has not occurred. When this happens, some special interest...
Persistent link: https://www.econbiz.de/10012980240
Various groups have been demanding that discussions of labor standards be included in all future trade negotiations. The press is full of stories of alleged exploitation of child labor and other employment abuses in developing countries and human rights groups have demanded that something be...
Persistent link: https://www.econbiz.de/10012980247
Antidumping actions have been an increasingly popular means of dealing with alleged unfair international trade practices in the last few decades. In the 1970s, only the United States and a few other countries used antidumping laws to prevent or punish foreign producers for alleged inappropriate...
Persistent link: https://www.econbiz.de/10012980251
Numerous articles have been written on economic sanctions over the past few decades. Most papers take an overall approach, focusing on the utilities and dis-utilities of sanctions in general or on a specific sanction. While this paper also looks at general aspects of sanctions, it goes beyond...
Persistent link: https://www.econbiz.de/10012980252
Numerous articles have been written on economic sanctions over the past few decades. Most papers take an overall approach, focusing on the utilities and dis-utilities of sanctions in general or on a specific sanction. While this paper also looks at general aspects of sanctions, it goes beyond...
Persistent link: https://www.econbiz.de/10012980254
There are a number of ethical issues in the area of international trade that affect managers. This article will address two ethical issues that have been almost totally neglected in the literature -- antidumping and sanctions. Antidumping laws are special interest legislation. Rather than...
Persistent link: https://www.econbiz.de/10012980540
Persistent link: https://www.econbiz.de/10014146749