The Compass Point

20 Years of “Free Trade” with China Share This

Oren Cass | Dec 10, 2021 | The Compass Point

The decision to welcome China into the World Trade Organization two decades ago still has its defenders—the Xinhua News Agency, for instance, and the American Enterprise Institute’s Jim Pethokoukis. “Most obvious are the consumer benefits from China … and how Chinese import competition encouraged many American manufacturing firms to invest and innovate more,” observes Xinhua, […]

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The Work-Ethic Welfare State Share This

Oren Cass | Oct 15, 2021 | Social Insurance

Paul Krugman famously called the federal government “an insurance company with an army.” In this, unlike most things, he is not entirely wrong. When it comes to domestic policy, the lion’s share of government spending is social insurance payments (Medicare, Social Security, the SSDI disability program, unemployment insurance) and social assistance via the safety net […]

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