To: Torie
The proof is in the pudding. Just why is the most free tread nation on Earth, also the richest, and on a per capita income basis, except for Luxembourg? Partly because of the accumulated wealth of our forbears - wealth we are now squandering. Partly because the problems with free trade have developed as reality diverged from Ricardo's underlying assumptions.
179 posted on
04/13/2004 5:03:55 AM PDT by
neutrino
(Oderint dum metuant: Let them hate us, so long as they fear us.)
To: neutrino
Then how do you explain that our GDP is still growing, that our growth is over 4% and in real $ terms (not PPP $s not % terms) that's more than China's and India's growth combined.
180 posted on
04/13/2004 5:43:40 AM PDT by
Cronos
(W2K4!)
To: neutrino
Partly because of the accumulated wealth of our forbears - wealth we are now squandering. And the zero-sum argument rears its ugly head.
To: neutrino
Partly because of the accumulated wealth of our forbears - wealth we are now squandering. And the zero-sum argument rears its ugly head.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson