[Hermann the Cherusker]

I just quoted Adam Smith's chapter Of Restraints upon the Importation from Foreign Countries of such Goods as can be produced at Home on this thread. You should become more familiar with it.

Har, har!

Most of these folks have never read Adam Smith. They also don't grasp why he called his book "The Wealth of Nations" and not "The Wealth of Multinational Plutocrats". They mistake Ricardoism for Adam Smith's nationalistic Free Enterprise.

[harpseal]

Most of these folks have never read Adam Smith. They also don't grasp why he called his book "The Wealth of Nations" and not "The Wealth of Multinational Plutocrats". They mistake Ricardoism for Adam Smith's nationalistic Free Enterprise.

Of course you are correct. They do not understand that Adam Smith specifically advocated tariffs under four consitions and yet they blindly call any restrictions on their desire to import goods and services into the USA some form of tyranny.

They claim to be conservatives but support the current trade envirornment which is a wealth transfer scheme from tehUSA to so called developing nations. I believe this was admitted to by the Clintonistas who negotiated these agreements.

Many of them claim to be conservatives but they keep advancing their neo-liberal views.

[ninenot]

Also of interest: neither Smith nor Ricardo EVER imagined that English companies would establish offshore manufacturing facilities--thus, neither of them tested any theories against such a possibility.

Those who quote Ricardo and Smith in favor of "FreeTraitor"ism are unable to demonstrate that either of them 'endorsed' the system currently in play--because NEITHER of them did!