Jan. 23rd, 2017

timelets: (Default)
Funny but so far, Tramp's economic decisions are much closer to the advice of "leftist" Paul Krugman than that of "rightist" Adam Smith. Trump acts as if redistributing wealth from consumers to producers is going to make the country better off.

http://www.economictheories.org/2008/07/adam-smith-free-trade-international.html
timelets: (Default)
The next president of the United States will be a defender of consumer rights.
timelets: (Default)
5. Property, Freedom, and the Essential Job of Government

timelets: (Default)
Trump is helping Australia, Japan and China to form a regional trading block.
“The original architecture was to enable other countries to join,” Australian Trade Minister Steven Ciobo told the Australian Broadcasting Corporation on Tuesday. “Certainly I know that Indonesia has expressed interest and there would be scope for China if we are able to reformulate it.”

Japan has led the push for the partnership, which also includes Brunei, Canada, Chile, Malaysia, Mexico, Peru and Vietnam. “There is no change to our view that free trade is the source of economic growth,” Japanese Economy Minister Nobuteru Ishihara told reporters.

http://www.straitstimes.com/world/united-states/australia-new-zealand-pledge-to-salvage-tpp-after-us-exit


Profile

timelets: (Default)
timelets

February 2026

S M T W T F S
1234567
891011121314
15161718192021
22232425262728

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Feb. 4th, 2026 05:25 am
Powered by Dreamwidth Studios