An "Improved" Trade Deficit for Honduras!
14 January 2007
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
By confiscating oil-companies' private property - and, hence, making Honduras a less-attractive country in which to invest - Honduras's rulers ensure that citizens there will remain poor ("Honduras Temporarily Grabs, Exxon, Chevron Terminals," Jan. 14). But, hey, there's a silver-lining for ordinary Hondurans, at least from the perspective people such as Lou Dobbs and Sen. Sherrod Brown: less foreign investment in Honduras will lower that country's trade deficit!
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Editor, The Washington Post
1150 15th St., NW
Washington, DC 20071
Dear Editor:
By confiscating oil-companies' private property - and, hence, making Honduras a less-attractive country in which to invest - Honduras's rulers ensure that citizens there will remain poor ("Honduras Temporarily Grabs, Exxon, Chevron Terminals," Jan. 14). But, hey, there's a silver-lining for ordinary Hondurans, at least from the perspective people such as Lou Dobbs and Sen. Sherrod Brown: less foreign investment in Honduras will lower that country's trade deficit!
Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on
Friday September 28, 2007 at 6:19am