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Robert Kuttner -
Trade
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Technological advance often thrives in sheltered and subsidized markets, which defy free trade.
Robert Kuttner
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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
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If Boeing got a big head start on the 707 from multibillion-dollar military contracts to develop an air force transport, is that a sin against free trade?
Robert Kuttner
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
Robert Kuttner
Creative Commons
Born:
April 17, 1943
(age 81)
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