Reddit reviews Free Trade Doesn't Work: What Should Replace It and Why, 2011 Edition
We found 6 Reddit comments about Free Trade Doesn't Work: What Should Replace It and Why, 2011 Edition. Here are the top ones, ranked by their Reddit score.
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If you want capital, invest in public education and infrastructure. If you want to scare capital away, threaten tariffs.
I'm actually more sympathetic to protectionist trade and immigration policies than most progressives, but these policies will go no where under a Trump administration. They benefit labor rather than the donor class, so the GOP will oppose them. Maybe in four years Democrat will read Ian Fletcher and espouse a thoughtful, limited protectionism that works, it certainly won't come from the Paul Ryans, Mitch McConnells and Mike Pences of the world.
Your assumption is that tariffs are always bad for a nation's economy. I highly recommend the book Free Trade Doesn't Work: What Should Replace It and Why by Ian Fletcher.
maybe you should read some books on economics:
http://www.amazon.com/Free-Trade-Doesnt-Work-Replace/dp/0578079674/
http://www.amazon.com/Bad-Samaritans-Secret-History-Capitalism/dp/1596915986
If you're open minded, I suggest this book
> I don't think you can make this assumption. Productivity depends entirely on the industry and the product being made.
It's our average productivity. Of course it will vary.
> I have a question, if your opinion is so obviously correct, why is practically every economist against it? What are you seeing that they aren't seeing.
Two reasons. First, economists are big fans of the topline GDP number and free trade does increase that. It increases inequality, but the topline number generally (not always) increases.
Secondly, most of them haven't been taught anything but "free trade is right". Just like how Keynesian theory has major problems but the majority of economists believe it. 99% of people accept what their professors, teachers, textbooks teach without digging deeper.
There are in fact many people who are against free trade, but since it's been an unacceptable view tightly coupled to nationalism (which is also on the outs), it's unacceptable to really get into it.
Seek out some economists who disagree with free trade and read their arguments. Even if you come out disagreeing, you will have grown for understanding their points, which are far deeper than we can get into on Reddit.
https://www.amazon.com/Free-Trade-Doesnt-Work-Replace/dp/0578079674/ref=sr_1_1?ie=UTF8&qid=1469229463&sr=8-1&keywords=ian+fletcher