No More Twinkies: Unions to Blame

Happy Thanksgiving from The Heritage Foundation!

November 21, 2012     |    Discover more at Heritage's Enterprise and Free Markets webpage

No More Twinkies: Unions to Blame Enjoy Twinkies while you still can. Hostess Brands just went bankrupt. Last Friday, the company announced that it will suspend operations and lay off more than 18,000 employees.  READ WHY THE BAKERY INTERNATIONAL UNION PUT THEM OUT OF BUSINESS >>

After the Hurricane, a Supply Crisis from Price Controls In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from raising their prices more than 10 percent “within 30 days of a declared state of emergency.” Despite the intentions of New Jersey legislators, laws intended to prevent so-called “price gouging” do more harm than good. CONTINUE READING HOW PRICE GOUGING DIMINISHES SUPPLY >>

Free Trade Leadership: Not Made in America Later this month, China and 15 other nations will begin negotiations for a possible new trade agreement. This agreement could encompass 28 percent of the global economy, to the benefit of all nations involved. These negotiations reflect a worldwide trend of bilateral and multilateral trade agreements, a trend that America has not fully embraced. Since 2008, 68 regional trade agreements have come into force worldwide, which is largely good news for international trade.   READ WHY THE UNITED STATES WON'T SEE MOST OF THE BENEFITS >>

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