Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: snarkpup

“It will be interesting to see if he (Bongino) does the same—though not as interesting as what Mark Levin may or may not say.”

Rush’s awakening could signal a sea change in the Conservative movement on trade issues. Levin has been really harsh on tariffs, but he did come around recently on the case of China (for National Security reasons).

Not only has Rush been a mentor to Mark Levin, helping to make him very wealthy, but Rush explicitly addressed the ideas on trade of finance and economics journalist Henry Hazlitt, from whom Levin frequently quotes (Economics in One Lesson). It may have been a discussion partially intended for Levin himself.

Hazlitt was a huge figure in promoting free markets in theory. In practice though, it must be reciprocal to work as theorized, and it must be policed and enforced to address the inevitable cheating from self interest and political corruption - even deliberate sabotage by competitors like China.

Unilateral dropping of tariffs and other trade barriers is as foolish as unilateral disarmament is in military affairs.


102 posted on 07/26/2018 1:44:55 PM PDT by BeauBo
[ Post Reply | Private Reply | To 31 | View Replies ]


To: BeauBo
Part of the sea change may involve the rewriting of Hazlitt's chapter on international trade. Vox Day, who says he likes Hazlitt's book and gave copies to his kids to teach them economics, says there are many, many errors in this chapter. His analysis is very long and I haven't had time to read it yet. It's in three parts. Here is a link to Part III, which has links to the other two:

Mailvox: the Hazlitt international trade challenge III


106 posted on 07/26/2018 1:59:36 PM PDT by snarkpup ("The rules don't matter when you're infected with political rabies." - The People's Cube)
[ Post Reply | Private Reply | To 102 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson