Re: Free Trade vs Protectionism

Originally Posted by
JohnLocke
It is not about cheap but liberty. Why would anyone buy a product not made locally? One reason would be it is of a unique quality, e.g., tea grown on the Himalays. Other reason is that it offers a quantitative benefit, i.e., cheap. By allowing this option, we allow the free market to help developing countries. In my opinion, this is far preferable to giving them loans they have no means to repay and then "forgiving" the debt, i.e., transfer the debt to other people. Otherwise, we are dooming the 3rd world in joining the industrialized world any time soon.

Originally Posted by
machinehead61
I haven't jumped into this due to time restraints but this Libertarian view is in direct conflict with our U.S. Constitution and our own history as a developing nation.
"We were suffering from the restrictions of foreign nations, who had shackled our commerce, while we were unable to retaliate: and all now agreed that it would be advantageous to the union to enlarge the powers of Congress: that they should be enabled in the amplest manner to regulate commerce, and to lay and collect duties on the imports throughout the United States."
"The Address and Reasons of Dissent of the Minority of the Convention of Pennsylvania to their Constituents"
Samuel Bryan
December 18, 1787
In the comic book world of Libertarian economics, the real world complexity of international trade is reduced to ...
Never heard of the Smoot-Hawley Tariff? What I wrote was about individual choice maker not the history of the nation. The idea that individual choices go against the Constitution is outrageous distortion, which seems to be your MO. The power to regulate inter-State commerce is NOT at odds with a person choosing to buy locally or from a far away State. That is, unless by regulate, you mean prohibit commerce.
Finally, it is interesting that you offer evidence that my post is "in direct conflict" by quoting a minority view at the time of the Founding. I guess, in your mind, evidence
"No free government, or the blessings of liberty, can be preserved to any people but by a firm adherence to justice, moderation, temperance, frugality, and virtue; and by a frequent recurrence to fundamental principles."
-- Patrick Henry
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