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Volume 5  Number 3  •  Winter 2001
Other Issues:  

Unmitigated Mercantilism
By Robert Higgs
This article appeared in the Winter 2001 issue of The Independent Review

Created in 1934 to subsidize exports to the debt-repudiating Soviet Union, the U.S. Export-Import Bank is a clear-cut example of wasteful corporate welfare hiding behind economic fallacies. Yet a leading economist, former Treasury Secretary Lawrence Summers, somehow managed to tout its merits without blushing.


Other Independent Review articles by Robert Higgs
    Summer 2017   Moderation in Response to Provocation Is No Vice
    Winter 2017   First, Do No Harm
    Fall 2016   Can the State Enforce Virtuous Behavior?
[View All (56)]







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