Archive for the ‘free trade’ tag
Obama’s Bad Ideas #
While most of America is still obsessed with what scandal will next be dug up about Sarah Palin, Foreign Policy offers an interesting list of Barack Obama’s ten worst policy proposals. It’s unlikely that you could ever find consensus on such a list, but it’s worth seeing what they’ve come up with.
UPDATE (9/2/08): As a counterpoint (or maybe just because I liked it), I offer a recent Op-Ed by Sarah Vowell.
UPDATE (9/10/08): Just noticed they have the same feature for McCain. That would have been a better counterpoint.
The Good of NAFTA #
I don’t know enough about the situation to vouch for Eduardo Porter’s analysis of the free trade deal, but I do think it’s interesting to hear from someone other than knee-jerk protectionists.
Last week, tens of thousands of poor Mexican farmers marched down Mexico City’s fancy Paseo de la Reforma demanding that Nafta be reversed, their cows and donkeys occasionally taking a nibble from the grass along the median strip. Florida’s sugar barons sent their lobbyists to Capitol Hill.
This shared outrage underscores how egalitarian free trade is: undermining inefficient producers who survive behind protective barriers, be they fabulously wealthy sugar producers in Florida or campesinos on tiny plots in Michoacán.
It’s not so bad. Really. #
Making a case similar to Mr. Brilliant’s, The Economist argues that the situation in the world’s better than most think, and still improving.
Indeed, for a great many people the way things are is pretty rotten: Burmese monks, for instance, or the Luo in Kenya. Life is not too bright for investors at the moment, either. But is the broader proposition true? Is the world really becoming worse for the majority of mankind? We argue that it is not.
To some extent, our qualified optimism is borne out by impartial data. In this article we look at three pieces of evidence: the underlying social conditions in poor countries; poverty alleviation over the past decade; and the incidence of wars and political violence. By those measures the world seems to be in rather better shape than most people realise.
What to Expect When You’re Free Trading #
In a New York Times Op-Ed, Steven Landsburg makes a valuable — even if moderately disjointed — point: in free trade, we should accept the bad if we want the good. It’s a very uncomfortable idea that deserves serious consideration.
I doubt there’s a human being on earth who hasn’t benefited from the opportunity to trade freely with his neighbors. Imagine what your life would be like if you had to grow your own food, make your own clothes and rely on your grandmother’s home remedies for health care. Access to a trained physician might reduce the demand for grandma’s home remedies, but — especially at her age — she’s still got plenty of reason to be thankful for having a doctor.
Some people suggest, however, that it makes sense to isolate the moral effects of a single new trading opportunity or free trade agreement. Surely we have fellow citizens who are hurt by those agreements, at least in the limited sense that they’d be better off in a world where trade flourishes, except in this one instance.