Free trade: yay or not? (Review of Free Trade Doesn't Work: What Should Replace It and Why) http://emilkirkegaard.dk/en/?p=6832
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Replying to @KirkegaardEmil
The review doesn't really include the "what should replace it, and why?" part. Which I think is the most interesting.
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Replying to @jonatanpallesen @KirkegaardEmil
The alleged "assumptions" are mostly straw men. Noone thinks there are no positive externalities, for example.
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Replying to @jonatanpallesen @KirkegaardEmil
They just think that plan economy alternatives are worse most of the time.
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Replying to @jonatanpallesen @KirkegaardEmil
You can apply the same arguments against free markets within countries basically. It's true that they don't get the optimal outcome.
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Replying to @jonatanpallesen @KirkegaardEmil
But in most cases, plan economies do worse.
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Replying to @jonatanpallesen
If only someone invented a way to write longer texts than Twitter. Maybe we should call it an internet log, or maybe web log, blog for short
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Replying to @KirkegaardEmil @jonatanpallesen
He is not arguing for planned economy or against capitalism, silly. He is arguing against free trade.
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Replying to @KirkegaardEmil
Same thing. Free trade is what the market does if governments don't interfere. He wants the government to plan a way to interfere.
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Meddling with within vs. between country affairs is different. I support meddling. :)
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