HA-JOON CHANG ~ BAD SAMARITANS

~ TMOFTATSHOC ~ The Myth Of Free Trade And The Secret History Of Capitalism

~ BHTUT-ITESOTD-VASCUSMOPSARIOTDTE ~ But History Tells Us That – In The Early Stage Of Their Development – Virtually All Successful Countries Used Some Mixture Of Protection, Subsides And Regulation In Order To Develop Their Economies

~ U-ALOHITRCH’DATL’BFFMFTPOPC ~ Unfortunately – Another Lesson Of History Is That Rich Countries Have “Kicked Away The Ladder” By Forcing Free-Market, Free-Trade Policies On Poor Countries

~ AECDNWMCETTNPTTSUITP ~ Already Established Countries Do Not Want More Competitors Emerging Through The Nationalistic Policies They Themselves Successfully Used In The Past

~ TIOITFEDCBO-BFTINTBPTED ~ The Importance Of International Trade For Economic Development Cannot Be Overemphasized – But Free Trade Is Not The Best Path To Economic Development

~ THEDOWTCEAMOPAOT-CAIATICNAC ~ Trade Helps Economic Development Only When The Country Employs A Mixture Of Protection And Open Trade – Constantly Adjusting It According To Its Changing Needs And Capabilities

~ TISTIFEDTBLTFTE ~ Trade Is Simply Too Important For Economic Development To Be Left To Free Trade Economists

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s