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To: Nephi
read a little more Adam Smith. In at least four cases, the father of free trade wrote, it must be "advantageous to lay some burden upon foreign (imports)," i.e., impose tariffs...

It's obvious you've never read Wealth of Nations. If you had, you would never have quoted the reference to Smith's four exceptions since they in no way support your position for protectionist tariffs. Nice bluff, however, FR is a tougher forum than what you're probably used to.

135 posted on 04/18/2005 10:46:39 AM PDT by lemura
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To: lemura

Bluff? I quoted him, which is more than you were capable of.


138 posted on 04/18/2005 11:01:05 AM PDT by Nephi ("I am in favor of free trade." - Karl Marx)
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To: lemura
FR is a tougher forum than what you're probably used to

Nephi has been here since 1998, and you've been here nine months -- you're just a newborn.

144 posted on 04/18/2005 11:32:12 AM PDT by meadsjn
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To: lemura
It's obvious you've never read Wealth of Nations.

Don't know about others, but I have.

If you had, you would never have quoted the reference to Smith's four exceptions since they in no way support your position for protectionist tariffs. Nice bluff, however, FR is a tougher forum than what you're probably used to.

Time for you to reread Smith.  What you want is in Book Four, Chapter Two.  The information is not so easily laid out, but it is there.  Buchannan got it right.

158 posted on 04/18/2005 12:13:43 PM PDT by Racehorse (Where your treasure is, there will your heart be also.)
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