"[L]abour union lobbies and their political friends have decided that the ideal defence against competition from the poor countries is to raise their cost of production by forcing their standards up, claiming that competition with countries with lower standards is “unfair”. “Free but fair trade” becomes an exercise in insidious protectionism that few recognise as such."
Jagdish Bhagwati,
"Obama and Trade: An Alarm Sounds," Financial Times. January 9, 2009.
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November 15, 2007 B-338 Rayburn House Office Building Featuring Dan Ikenson, Center for Trade Policy Studies, Cato Institute, and Frank Vargo, National Association of Manufacturers. Since the depth of the U.S. manufacturing recession in 2002, the sector as a whole has experienced sustained and robust growth. The year 2006 set a record for output, revenues, profits, profit rates, return on investment, exports, and imports. The United States remains the world’s most prolific manufacturing country, accounting for two and a half times more output than Chinese factories in 2006. Should these figures put to rest assertions that the U.S. manufacturing sector is eroding because of trade? Do they support a conclusion that the sector is thriving? U.S. manufacturing experts Ikenson and Vargo will offer perspectives on the real state of U.S. manufacturing in today's global economy. |
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Thursday, October 25, 2007 Featuring Jagdish Bhagwati, Author, In Defense of Globalization, Matthew Slaughter, Tuck School of Business, Dartmouth University, and Daniel Griswold, Cato Institute. |
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Anxiety about the impact of trade on real wages and the middle class has complicated efforts to move forward on trade liberalization. How real are those worries and how should policymakers respond? In a new edition of his book In Defense of Globalization, Columbia University economist Jagdish Bhagwati addresses the economic critiques that have now arisen, such as the alleged adverse impact of trade on real wages in the United States, and finds them mistaken. He has also taken aim at the critique of Alan Blinder and others who warn that job insecurity will soon spread to millions of service-sector workers. Joining the discussion will be Matthew Slaughter, a former member of the president's Council of Economic Advisers, who has argued that the government must respond with policies that more aggressively address income inequality if free trade is to be maintained.
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Friday, September 28, 2007 Featuring Abdoulaye Wade, President, Republic of Senegal. Since becoming the president of Senegal in 2000, Abdoulaye Wade has been one of Africa's most vocal proponents of liberal economic reforms. He has called for an end to rich countries' agricultural subsidies and further trade liberalization. As he recently said:
Join us to hear President Wade discuss economic reforms in Senegal and the future of liberalization on the African continent.
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Tuesday, September 25, 2007 Featuring Lewis Leibowitz, Consuming Industries Trade Action Coalition; Lloyd Wood, American Manufacturing Trade Action Coalition; Robert Scott, Economic Policy Institute, Dan Ikenson, Cato Institute; and moderated by Daniel Griswold, Cato Institute. Since the depth of the U.S. manufacturing recession in 2002, the sector as a whole has experienced sustained and robust growth. The year 2006 set a record for output, revenues, profits, profit rates, return on investment, exports, and imports. The United States remains the world’s most prolific manufacturing country, accounting for two and a half times more output than Chinese factories in 2006. Should these figures put to rest assertions that the U.S. manufacturing sector is eroding because of trade? Do they support a conclusion that the sector is thriving? Four experts on U.S. manufacturing will offer differing perspectives on the real state of U.S. manufacturing in today's global economy. Publication presented at the event:
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Wednesday, September 12, 2007 Featuring the author, Philippe Legrain, with comments by Stuart Anderson, National Foundation for American Policy, and moderated by Daniel Griswold, Cato Institute. |
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Immigration remains the most controversial component of globalization. In a provocative new book, British author Philippe Legrain presents a comprehensive case for expanding the freedom of workers to cross international borders legally, especially from less- to more-developed countries. With an American audience in mind, Legrain examines the economic benefits of both high-skilled and low-skilled immigration and addresses the very concerns that blocked Senate passage of comprehensive immigration reform earlier this year. Among the questions the book seeks to answer: Is Latino immigration splitting America in two? Do Mulsim immigrants threaten our security and way of life? Comments will be provided by a leading U.S. immigration expert.
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Wednesday, July 25, 2007 Featuring Mark Mendel, Lead Counsel for Antigua and Barbuda in US-Gambling, John H. Jackson, Georgetown University Law Center, and Sallie James, Trade Policy Analyst, Cato Institute. |
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The dispute between the United States and the Caribbean island nation of Antigua and Barbuda over U.S. restrictions on Internet gambling has demonstrated one of the key benefits of the World Trade Organization: large and small nations alike have access to a legal system that protects their rights. But the United States has indicated that it does not intend to lift its restrictions on gambling over the Internet, in defiance of a series of clear rulings that those restrictions violate U.S. commitments to the WTO. At a time when global trade negotiations have stalled and the future of the WTO is in question, a failure to achieve resolution could deal a serious blow to the WTO's credibility. The lead attorney for the Antiguan government and one of the world's experts on WTO law will join a Cato trade expert to discuss this dispute and its importance for the international trading system.
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Monday, June 18, 2007 Featuring the Hon. Cal Dooley, President and CEO, Grocery Manufacturers/Food Products Association, and Daniel Griswold, Director, Center for Trade Policy Studies, Cato Institute. |
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Every U.S. president since 1974 has been granted authority by Congress to negotiate agreements with other nations to expand trade. At the end of June, the Bush administration's ability to negotiate such agreements and submit them to Congress for an up-or-down vote, known as Trade Promotion Authority, will expire. Advocates say trade agreements promote economic growth, while Democratic leaders in Congress have vowed not to renew TPA without tougher language requiring other countries to improve their labor and environmental standards. How reasonable are the objections to TPA renewal? How important is TPA to successful completion of the Doha Round in the World Trade Organization? A former Democratic congressman and key player in U.S. trade policy will join a Cato trade expert to examine the looming battle over TPA.
Thursday, June 14, 2007 Featuring Rep. Charles Rangel (D-NY), Chairman, House Ways & Means Committee; Rep. Jeff Flake (R-AZ); and moderated by Sallie James, Cato Institute. Since the early 1960s, Americans have been barred from trading with, investing in, or traveling to Cuba. With Cuba possibly on the cusp of new political leadership, a growing bipartisan movement in Congress is calling for a reevaluation of the relationship between the United States and Cuba. Please join us for a Capitol Hill Briefing at which Chairman Rangel and Congressman Flake, leading proponents of expanding travel to and economic relations with Cuba, will discuss the need to reassess the U.S. embargo against Cuba. Wednesday, May 23, 2007 Featuring Sen. John Sununu (R, NH) and Sallie James, Cato Institute. The 2007 farm bill will be written at a crucial time. Budgetary pressures, the foundering Doha Round of trade negotiations, and record-high prices for many commodities all point to the need for serious reform of U.S. agricultural policy. Although many reform proposals have been put forward in anticipation of the new farm bill, none so far has questioned the very premise of interfering in rural markets and supporting a chosen few. A new Cato Institute study calculates the high cost that American consumers and taxpayers have borne over the last 20 years to support farmers and advocates ending farm subsidies and market distortions once and for all. Has the time come to entirely rethink U.S. agricultural policy? Publication presented at the event:
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1:00 p.m.
Rethinking the U.S. Embargo against Cuba (, 
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CAPITOL HILL BRIEFING
B-318 Rayburn House Office Building
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12:00 p.m.
Freeing the Farm: A Farm Bill for All Americans (
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CAPITOL HILL BRIEFING
SR-325 Russell Senate Office Building
Thursday, April 26, 2007 Featuring David Orden, International Food Policy Research Institute; Clayton Yeutter, Former Secretary of Agriculture and United States Trade Representative; and Sallie James, Trade Policy Analyst, Cato Institute. The 2007 farm bill will be written at a crucial time. Budgetary pressures, the foundering Doha Round of trade negotiations, and record-high prices for many commodities all point to the need for serious reform of U.S. agricultural policy. Although many reform proposals have been put forward in anticipation of the new farm bill, none so far has questioned the very premise of interfering in rural markets and supporting a chosen few. A new Cato Institute study calculates the high cost that American consumers and taxpayers have borne over the last 20 years to support farmers and advocates ending farm subsidies and market distortions once and for all. Has the time come to entirely rethink U.S. agriculture policy? Publication presented at the event:
Tuesday, April 17, 2007 Featuring Rep. Phil English (R-PA);David Hartquist, Committee to Support U.S. Trade Laws;Daniel Porter, Vinson and Elkins, LLP; and Dan Ikenson, Cato Institute. Initiation of antidumping and countervailing duty cases in the United States has been declining in recent years. A strong domestic economy, globalized production and supply chains, and the emergence of sustained growth abroad have all been offered as partial explanations for that trend. But if legislation introduced in this Congress becomes law, there could be a resurgence in the use of trade remedies. The Nonmarket Economy Trade Remedy Act (H.R. 1229) and the Trade Law Reform Act (H.R. 708) both purport to expand the access of domestic industries to the trade remedy laws. What are the implications of the proposed changes? Wednesday, March 21, 2007 Featuring Daniel Griswold, Director of the Center for Trade Policy Studies, Cato Institute. PowerPoint Presentation America's current account deficit reached a record $857 billion in 2006, including an $836 billion trade defect in goods. Critics of free trade argue that the deficit threatens U.S. jobs and manufacturing and that it only confirms the failure of U.S. trade policy. Daniel Griswold, director of the Cato Institute's Center for Trade Policy Studies, will explain why so much of the conventional wisdom about the trade deficit is wrong. Griswold will highlight the results of his March 12 study, "Are Trade Deficits a Drag on U.S. Economic Growth?" Publication presented at the event:
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12:00 p.m.
Freeing the Farm: A Farm Bill for All Americans (, , )
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11:00 a.m.
Calm before the Storm? Developments in U.S. Trade Remedy Laws (, )
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Does the Record Trade Deficit Threaten the U.S. Economy? (, , )
CAPITOL HILL BRIEFING
B-339 Rayburn House Office Building
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Cato Institute events calendar
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Location of the events:
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Unions As Safe in Colombia As in D.C.
CEObama
Automakers That Can't Compete Deserve to Disappear
The European Union Stops Banning Ugly Veggies
by Doug Bandow
July 1, 2009
Attention GM Shareholders (That Means You!)
by Daniel Ikenson
June 30, 2009
Charles Rangel Keeps a Cool Head
by Sallie James
June 25, 2009
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