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The big lie about free trade

Dissent

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That's why it's called "Free Trade" and not "Fair Trade".
 

Oddball

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That's why it's called "Free Trade" and not "Fair Trade".
Pffft...."Fair trade" is right up there with "free trade" as just another disingenuous moniker for centrally planned trade.

True free trade doesn't need wheelbarrows full of documents, enticements and penalties...All it requires is people being left free to trade with one another.
 

edthecynic

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That's why it's called "Free Trade" and not "Fair Trade".
Pffft...."Fair trade" is right up there with "free trade" as just another disingenuous moniker for centrally planned trade.

True free trade doesn't need wheelbarrows full of documents, enticements and penalties...All it requires is people being left free to trade with one another.
As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."
 

edthecynic

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That's why it's called "Free Trade" and not "Fair Trade".
Pffft...."Fair trade" is right up there with "free trade" as just another disingenuous moniker for centrally planned trade.

True free trade doesn't need wheelbarrows full of documents, enticements and penalties...All it requires is people being left free to trade with one another.
As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."

Piss off, child.
Obviously the :asshole: never heard of the "Law of Comparative Advantage." Try googling it.
 

bripat9643

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since you think free trade is such a bad thing, why don't we allow states to impose tariffs on gods produced in other states? Why shouldn't New York impose a tariff on orange juice from Florida or on wine from California? Why shouldn't Florida impose a tariff on automobiles manufactured in other states? Think of all the jobs Florida could generate building cars and all the jobs New York could generate growing oranges in greenhouses.
 

Oddball

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since you think free trade is such a bad thing, why don't we allow states to impose tariffs on gods produced in other states? Why shouldn't New York impose a tariff on orange juice from Florida or on wine from California? Why shouldn't Florida impose a tariff on automobiles manufactured in other states? Think of all the jobs Florida could generate building cars and all the jobs New York could generate growing oranges in greenhouses.
The point is that free trade isn't a bad thing.

Abominations like NAFTA, GATT and the like are about central control and management of trade, not truly free trade.
 

bripat9643

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That's why it's called "Free Trade" and not "Fair Trade".
Pffft...."Fair trade" is right up there with "free trade" as just another disingenuous moniker for centrally planned trade.

True free trade doesn't need wheelbarrows full of documents, enticements and penalties...All it requires is people being left free to trade with one another.
As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."

That's like saying that falling off a cliff requires that you obey the law of gravity.

It's not optional, nitwit.
 

edthecynic

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Pffft...."Fair trade" is right up there with "free trade" as just another disingenuous moniker for centrally planned trade.

True free trade doesn't need wheelbarrows full of documents, enticements and penalties...All it requires is people being left free to trade with one another.
As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."

That's like saying that falling off a cliff requires that you obey the law of gravity.

It's not optional, nitwit.
And yet this country is NOT producing what it does most efficiently and trading for the rest as the Law of Comparative Advantage says. How can anyone expect free trade to work when this country does not follow the Law of Comparative advantage? :cuckoo:
 

edthecynic

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As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."

That's like saying that falling off a cliff requires that you obey the law of gravity.

It's not optional, nitwit.
And yet this country is NOT producing what it does most efficiently and trading for the rest as the Law of Comparative Advantage says. How can anyone expect free trade to work when this country does not follow the Law of Comparative advantage? :cuckoo:

What the fuck are you blabbering about, child?
Thank you for proving that you know nothing about the Law of Comparative Advantage.

The Law says that there is a measurable advantage for a country to produce what it can make most efficiently and then trade those products for everything else, even if the country can produce everything more efficiently than its trading partners. All that is required is that not all products can be produced with the same efficiency in that country for the trading partners BOTH to enjoy an advantage. The worst thing a country can do to lose the benefit of free trade is try to produce everything. If a country can produce food with great efficiency but not make clothes as efficiently they should produce food and trade for clothes. If they try to protect their clothing industry with tariffs they only screw themselves.
 

Oddball

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I know about it and it needs no legislation or treaties to enforce, it any more than you need them to make certain the laws of gravity or the division of labor work.

IOW, you're just a blabbering child.
 

edthecynic

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I know about it and it needs no legislation or treaties to enforce, it any more than you need them to make certain the laws of gravity or the division of labor work.

IOW, you're just a blabbering child.
Sure, you know about it NOW that I explained it to you.

IOW, you are just an :asshole:
 

bripat9643

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As always, you are full of shit. Free trade requires that you obey the "Law of Comparative Advantage."

That's like saying that falling off a cliff requires that you obey the law of gravity.

It's not optional, nitwit.
And yet this country is NOT producing what it does most efficiently and trading for the rest as the Law of Comparative Advantage says.

That isn't what the law of comparative advantage says.


How can anyone expect free trade to work when this country does not follow the Law of Comparative advantage? :cuckoo:

Like I already said, numskull, you cannot not follow the law of comparative advantage anymore than you cannot follow the law of gravity. The law says a nation benefits when it produces those broods at which it has the greatest advantage relative to other countries. it's like saying you will die if you eat a sufficient quantity of Potassium Cyanide. That doesn't mean no one sever going to eat potassium cyanide.

Purely from curiosity, just what do you think the US should be producing?
 

edthecynic

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That's like saying that falling off a cliff requires that you obey the law of gravity.

It's not optional, nitwit.
And yet this country is NOT producing what it does most efficiently and trading for the rest as the Law of Comparative Advantage says.

That isn't what the law of comparative advantage says.


How can anyone expect free trade to work when this country does not follow the Law of Comparative advantage? :cuckoo:

Like I already said, numskull, you cannot not follow the law of comparative advantage anymore than you cannot follow the law of gravity. The law says a nation benefits when it produces those broods at which it has the greatest advantage relative to other countries. it's like saying you will die if you eat a sufficient quantity of Potassium Cyanide. That doesn't mean no one sever going to eat potassium cyanide.

Purely from curiosity, just what do you think the US should be producing?
Here's a moron who still doesn't understand the Law even after it's been explained.
 

Oddball

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I know about it and it needs no legislation or treaties to enforce, it any more than you need them to make certain the laws of gravity or the division of labor work.

IOW, you're just a blabbering child.
Sure, you know about it NOW that I explained it to you.

IOW, you are just an :asshole:
I knew about it because its a macro extrapolation of the division of labor....Another economic law that needs no legislation or treaties for it to operate.

And you're still an intellectual child.
 

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