Your free trade illusions will never die but know that Koreans, Japanese, Chinese are at least as smart as you and rejected that BS free trade ideology decades ago
You are just mouthing the common Anglo-American-libertarian free trade prejudices. Other cultures full of high IQ people reject them and laugh as such naivete as to how world trade works. All three nations are doing just fine with their mercantilist trade practices
You really need an economics education. Badly.
Sure, there are protectionist tendencies, here there and evrywhere. Even here at home. So what? None of that detracts a bit from the truth, just now explained to you by art McGowan, that there are costs associated with putting those tendencies into praxtice. Maybe there are good reasons for doing so, but blindness ought not be one of them.
I didn’t say that mercantilism or protectionism fill the streets with starving beggars. I said that they impose costs on some people as they benefit others.
Economic thought does not consist in throwing around abusive rhetoric.
Guess I’m with Walter and Arthur. WW is an excellent economist
What are you smoking?