The Cheddar Path | A blog about economics, politics and personal finance
The TRADE Act
Members of Congress have recently introduced the Trade Reform, Accountability, Development, and Employment (TRADE) Act, in the face of rampant outsourcing of US jobs overseas, a growing US trade deficit, and continual public opposition to current trade agreements such as NAFTA and GATT. Rep. Mike Michaud, D-Maine, a chief House sponsor, says that under [...]
WSJ Says: “It Pays To Be Ethical!”
The Wall Street Journal (WSJ) recently conducted an experiment in which a group of consumers were tested on how much they would pay for products they knew were produced with ethical standards versus without such standards. Contrary to popular belief that all people care about is low prices, their findings showed that people are willing [...]
World of Good
This summer, eBay will be launching WorldofGood.com, an online market place for fair trade products. Although I strongly feel that the most beneficial thing we can do as consumers is buy local goods from locally owned businesses, I recognize that some goods cannot be found in our areas and must be imported. Therefore, if you [...]