The world has been thrown into chaos over the course of the past several weeks with the rapid spread of the Coronavirus (COVID-19). The virus has spread from China to some of the most remote islands on Earth. Since it has begun to spread, markets have been extremely volatile and many businesses have been forced to shut down, both voluntarily and by government mandate.
International Organizations are assumed to possess international legal personalities that allow them to operate and represent themselves globally without the need for state authority.
Has America run out of room for immigrants? This has become a key question in the recent surge of interest in immigration policy in the United States. Supporters of tighter restrictions on immigration use various arguments to answer this question, citing higher crime rates caused by immigration, negative effects of immigration on the economy, and low levels of availability of housing, food, and jobs.
In the light of President Trump’s impeachment, it is very important to question the legitimacy of the congressional inquiries and investigations that have largely fragmented the United States of America. This is because the votes cast today by the Democratic and Republican congressmen and women on the counts of obstruction of Congress and abuse of power were clearly premediated and choreographed, even before the 8-hour debate was initiated and all the facts were laid out.
The fight between those who prefer free markets and those who prefer protectionism and domestic production is a war that has been waged since the time of mercantilism in the 1600's. Adam Smith, Frédéric Bastiat, and many other classical economists of their time fought hard against the idea that markets needed to be controlled extensively by government regulations. They, along with many others, believed that government intervention in the economy produced inefficiency and dead-weight loss.