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Unneeded protections.(Economics And Regulation)
Claude Barfield, High-Tech Protectionism: The Irrationality of Antidumping Laws, AEI Press, 2003 (aei.org)
Under the World Trade Organization regime that currently governs trade among most major countries, nations can stem the flow of goods and services by declaring other nations' trade practices "unfair." Most unfair trade practices are based on accusations of "dumping"--selling a good below cost in order to damage another nation's industrial base.
AEI's Claude Barfield focuses on efforts to protect high-tech industries including supercomputers, flat panel displays, semi-conductors, and steel. (He counts steel as a high-tech good because of its increasingly complex production processes.) Looking at each industry he finds that the costs of protecting a given industry far outweighed whatever benefits Americans received. Protecting uncompetitive steel producers, for example, may have cost Americans as much as $70 billion over the past ten years.
Some industries asking ...
- Patents pending: the U.S. patent system is more important than ever. It's also...
- Magazine article from: The American (Washington, DC) Barfield, Claude Calfee, John E. January 1, 2008 700+ words
[ILLUSTRATION OMITTED] Q Are patents important? A More than ever. The Founders did the right thing when they inserted patent protection directly into the Constitution (Article I, Section 8). A substantial fraction of the value of U. S. firms--on the order of 30 percent--consists of so-called
- NIGHTLY BUSINESS REPORT - Friday, May 17, 1996
- Transcript from: Nightly Business Report May 17, 1996 700+ words
...Stovall, Scott Gurvey, Jeff Yastine GUESTS: Mickey Kantor, Claude Barfield, Warren Christopher, John Stace, Sir David Barryman...the March figures. So, is the Commerce Secretary right? CLAUDE BARFIELD (American Enterprise Institute): Even spin-masters...
- Market Watch: What is next for the Doha state of play.
- Magazine article from: Investment Adviser April 20, 2009 700+ words
Byline: Claude Barfield Competing political realities make the Doha trade talks a challenge...doesn't look as though an endgame is possible any time soon. Claude Barfield is resident scholar at AEI A longer version of this article is...
- Consolidation in Steel Won't Push Up Prices.
- Newspaper article from: Kiplinger Business Forecasts Ostroff, Jim February 14, 2003 700+ words
...participants that a steel production cutback would be desirable. "I'm not particularly sanguine on steel reduction," says Claude Barfield, coordinator of trade policy studies at the American Enterprise Institute. "We'll get commitments to take out of operation...
- Consortia: The New Business Cure-All?; Success of Costly Research Joint...
- Newspaper article from: The Washington Post Evelyn Richards May 26, 1989 700+ words
...across-the-board judgment. One problem we have is they {consortia} are so early {in their life spans}," said Claude Barfield, director of science and technology policy studies at the American Enterprise Institute. Consortia supporters say that...
- In defense of the flat-panel display initiative.
- Magazine article from: Issues in Science and Technology Flamm, Kenneth S. March 22, 1995 700+ words
...commercial market. The National Flat Panel Display Initiative is DOD's plan for meeting this national security objective. Claude Barfield ignores the essence of this program in his article "Flat-Panel Displays: A Second Look" (Issues, Winter 1994-95...
- Washington Agenda-General.
- News wire article from: United Press International May 29, 2003 700+ words
...vision of a new relationship with Europe. WHO: The speakers are: Radek Sikorski, NAI Leon Aron, AEI Richard Perle, AEI Claude Barfield, AEI DATE: May 30, 2003 LOCATION: 1150 17th Street NW, Washington, DC CONTACT: 202-862-5933 WEB ADDRESS: aei...
- Whistling past the trade deficit.
- Magazine article from: The American Prospect Judis, John B. May 1, 1997 700+ words
...called in several prominent trade experts to brief him. What, he asked them, was the most important thing he should know? Claude Barfield from the American Enterprise Institute was quick to reply, "You should understand that the trade deficit doesn't matter...
Source: HighBeam Research, Unneeded protections.(Economics And Regulation)