Wow.
A single sentence.
Awesome.
No.
So, despite the site having “populist” one of the new words for communist, right there in the name I went and waded through it. He’s just saying he doesn’t like free trade.
Sound economic theory is given in scripture. No usury. It is by nature inflationary theft.
However, that doesn’t address what the article is truly trying to say, “protectionism is the answer”. Free trade among nations that share a common belief system, and a legal system founded on that belief system is not particularly harmful, and can be quite beneficial. Free trade between the Christian west and communist China or other similarly imbalanced entities is fraught with problems.
Bullcrap. Obama is no proponent of free trade. This entire article mixes micro and macro economic concepts to the point where policy conclusions are impossible from it.
I demand the right to make deals with any counterparty anywhere in the world!
I like my cheap stuff.
Nobody is protecting the fruits of my labor from world-wide competition. Therefore, nobody else should be so protected.
The economic “theories” we have today were all developed by people in the employ of a few insanely corrupt financial elites that exert all sorts of nasty influences, economically, politically, etc.
Strangely enough, the economic “theories” we have today don’t address the issue of a few insanely corrupt financial elites that exert all sorts of nasty influences, economically, politically, etc.
FOAD nOOb...
And your title alone is idiotic.