Creation or acquisition of technological capability gives a people a new comparative ability to produce the goods and services they need for survival as well as the global market. [Read More]

Introducing restrictions on imports or raising tariffs is the only safeguard for poor peasants and poor countries in the face of the trade-distorting subsidies and dumping practiced by rich countries. [Read More]

The political elite in underdeveloped countries borrow from industrial countries’ money markets at interest rates that are higher than the ones charged for residents of industrialized countries but lower than those imposed in their own countries by central banks [Read More]