The Great Trade Debate: Ian Fletcher - Free Trade Fails in Both Theory and Practice
Free trade is gradually bleeding Americas economy to death, and the much-promoted myth that economics vindicates it does not survive serious scrutiny.
To debate this issue without bogging down in semantics, we need to make a few things clear at the outset. For a start, the phrase free trade has two meanings, which are often confused:
1) The purely theoretical concept of perfectly free trade as analyzed in economics text-books.
2) The current free trade policy of the U.S. This is about 99%, not 100%, free on Americas part, and much less so on the part of our major trading partners.
International Economic Law and Policy Blog: The Great Trade Debate: Ian Fletcher - Free Trade Fails in Both Theory and Practice
one would think the time has come for some consideration here, yet they went for cafta , years after nafta was lamented for it's failure(s) here.....
Free trade is gradually bleeding Americas economy to death, and the much-promoted myth that economics vindicates it does not survive serious scrutiny.
To debate this issue without bogging down in semantics, we need to make a few things clear at the outset. For a start, the phrase free trade has two meanings, which are often confused:
1) The purely theoretical concept of perfectly free trade as analyzed in economics text-books.
2) The current free trade policy of the U.S. This is about 99%, not 100%, free on Americas part, and much less so on the part of our major trading partners.
International Economic Law and Policy Blog: The Great Trade Debate: Ian Fletcher - Free Trade Fails in Both Theory and Practice
one would think the time has come for some consideration here, yet they went for cafta , years after nafta was lamented for it's failure(s) here.....