Jlknapp505's Blog

I wrote a series of short essays and posted them on the International Mensa Economics Forum.  I’ve now collected them and I’ll post them here.  There may be some overlap and repetition, but hopefully not too much.

This topic, free trade, has been in the back of my mind for a long time.  Two recent reports have revived my interest and cause me to develop my thinking further.

It has recently been reported that US corporations are stockpiling major cash reserves; the theory is that they’re waiting for an improvement in the economy before they invest.  Also, at this time the Boeing Aircraft Company is attempting to move the production of their new Dreamliner airplane to South Carolina.  There’s a connection here.

A little background: we have two sets of labor laws generally in the USA.  They’re set by states, and political systems and attitudes determine which sort of laws exist. …