We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U. S. industry and ratchet down wages, in the name of free trade. (Robert Kuttner)

We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U. S. industry and ratchet down wages, in the name of free trade.

Robert Kuttner

Related topics

far free industry name norm overwhelm pretend regime road seek set trade wages well Rules States

Related quotes

Let all partake of the feast of faith. Let all receive the riches of goodness. Let no one lament their poverty, for the universal kingdom has been revealed. Let no one mourn their transgressions, for pardon has dawned from the grave. Let no one fear death, for the Saviour's death has set us free.

John Chrysostom

Everywhere Christians are tempted to take the easy path, to seek "peace" and "security" and flee from pain and affliction, to view life as an occasion for the enjoyment of earthly blessings, instead of a time of trial in which our eternal destiny is to be decided. But God expects more than this from those who glory in the name of Orthodox Christians.

Seraphim Rose

I claim that, unlike the totalitarian States, we have managed to secure both progress and orderly development in industry while still preserving to a large measure individual freedom and our individual enterprise, qualities upon which ultimately all our trade and industry depend.

Stanley Baldwin

There are twenty-seven specific complaints against the British Crown set forth in the Declaration of Independence. To modern ears they still sound reasonable, in large part, because so many of them can be leveled against the federal government of the United States.

P. J. O'Rourke

Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nations economy and not an exploitative one.

Brian Behlendorf