Free Trade: The Great Prosperity Machine

What does trade do? Comparative advantage is the foundation of the division of labor and exchange, but it's rarely understood. "The Great Prosperity Machine" explodes the absurdities of protectionist dogmas by showing what trade accomplishes -- prosperity and peace.

Category:

News & Politics

Tags:

• free trade
• prosperity
• wealth
• peace
• war
• ports
• Frederic Bastiat
• libertarian ideas
• exchange international trade
• international peace
• Comparative advantage
• mutual benefits
• free market
• economics

[OrangeManIce]

yes but america has nothing to sell so it only buys and loses money

[havoc092]

And unless we the people do something about it, it isn't going to change. These people will destroy our republic when it's all said and done. They have to go. By ballot box, bars or by other means supported in the constitution.

[havoc092]

One would think that the Millions of jobs lost due to Free trade would be a clue to some people. It actually is; but, it's what they were counting on to happen. So, to them, it's a good thing; but, they have to pretend it's bad that people lost jobs and that somehow the cause of it is the cure. They only look like morons because they expected that the sales pitch was going out to morons. When that didn't work out, they started badmouthing people who know better - everyone, in other words.

[havoc092]

@tehatemachine In other words, because of the fact we've lived through it and seen the devestation caused by free-trade, we simply haven't been indoctrinated enough to understand that it's good instead of the horror that everyone has lived through. You and your old friend milton need to put down the drugs and look around. If you are that far removed from reality, a shrink might be a good idea as well.

[tehatemachine]

@extendedplaytv "but free traders are brainwashed by obscure corporate created myths that have never been proven." Free trade and the competitive free market has been proven 1000 times over as the most effective way of improving the standards of living. You need to learn from an actual economist, Oh like my good old friend milton

[tehatemachine]

@havoc092 fucking do gooder fagot. You motherfuckers ruined everything.

[tehatemachine]

@havoc092 "Lucas, you've refuted nothing. You keep making statements that you can't backup"

"free trade that wiped that wealth out."

BAHAHAHAHAHA!!!!!

[louiethegreater]

@havoc092 Wow havoc, I read some of your posts, I couldn't agree more. When protectionist policies ended, and laissez-faire free trade began our economy was destroyed. Eisenhower started the process by allowing W. Europe and Japan to feed off the american economy, in order the keep them out of the Soviets camp after WWll. Laissez-faire free trade will only produce a global plantation, in the hands of a few elitist.

[havoc092]

@louiethegreater I'd be more interested in how many people are suing him for fraud.

[havoc092]

@LucisFerre1 Lucas, you've refuted nothing. You keep making statements that you can't backup. We can all point to a couple hundred years worth of buildup of wealth under protectionism.. and then 20 some years of free trade that wiped that wealth out. We lived through it. That's what you can't talk your way around. We watched it, experienced it and you are trying to rewrite history. You just can't get away with it in our presence.