Sunday 28 September 2014

(What’s Left of) Our Economy: A Trade Theory Mystery | The Wall Street Examiner

"Proponents of the theory – who include nearly all economists for centuries, living and dead, along with numerous fakeonomists from think tanks and elsewhere and most major newspaper editorialists and media pundits – insist that the freest possible global competition, fostered by the freest possible trade flows, will help produce the greatest possible global efficiencies and the best possible array of products and services. Here's my starting question: Why does it have to be global competition? Why can't it be purely domestic competition, especially in the case of the United States?"



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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!