Well U.S. libertarians must be happy with foreign peeled shrimp prices lower in USD terms through the use of slavery. I'll steam and peel my own shrimp you pussies thanks.
Global supermarkets are selling shrimp peeled by slaves, AP reports. https://t.co/niE4pPwBWB pic.twitter.com/zhN94c2ctM
— ABC News (@ABC) December 14, 2015
Better yet if you are near the mid-Atlantic, consider the re-emergent domestic Chesapeake Oyster instead of foreign shrimp sold by foreign USD zombies using slave labor:
Wild Divers: Searching for @Chesapeake gold - #oysters! via @stardem_news https://t.co/7bEtQn46KO
— Basket Island Oyster (@BasketIsOysters) December 11, 2015
9 comments:
Matt, what are your thoughts on introducing "fair trade agreements" that require quality control as compared to "free trade."
Also, your thoughts on this immigration plan (can be applied to US):
http://www.3spoken.co.uk/2014/10/how-labour-can-solve-immigration.html?m=1
Trump slogans:
Jobs not Welfare
Control our borders
Mint coin to show National Debt is not a problem.
Trump could bet that US govt does not default. He should dare other GOP candidates to bet (and exclude "debt ceiling.")
He could write down "Trump IOUs" and say how you can trust him to pay back, they are "Minnie" then "Uncle Sam is like me but not quite as reliable!"
I often wondered what became of Tom Delay ...
But I read my econ-101 text book and it said that imports are always a real benefit and exports are always a real cost. This slave thing really amps up the benefit with virtually no costs! Go Demo-Repubs.
Random if Neil wrote it then 99.9999% I agree with it... I think if the west did it the turd world would quickly adapt it too they just hack/copy what the west does they are second rate nations as seen here with this slavery scheme and the Chinese factories where they have to install circus highwire nets all around the dormitories so people trapped and working there cant jump off and kill themselves so TPTB there can accrue USD balances and EUR and GPB take your pick...
Seve he is probably playing golf as usual only now he is not on the citizen's clock... soon to be joined by Obama...
Ryan that "imports are a benefit..." is too simplistic when viewed along with this type of turd world corruption...
http://justnotsaid.blogspot.co.uk/2015/12/muhammad-alis-statement.html?m=1
"Given the advanced nature of his deterioration, it seems highly doubtful that he would be following the news closely these days and be cogent enough to analyze it the way his official statement implied.
That statement read in part, "We, as Muslims, have to stand up to those who use Islam to advance their own personal agenda."
But who is going to stand up to those who use a senile old man to advance their own personal agendas?
Certainly not any of the major newspapers."
"But I read my econ-101 text book and it said that imports are always a real benefit and exports are always a real cost"
They are and always will be.
But that doesn't mean you stop using anti-dumping import measures, nor international pressure to improve the social welfare in other countries.
But you have to realise that one country in the world cannot fix the entire planet's problems on its own and stitching up its own citizens because the rest of the world is a basket case isn't really sensible either. In fact it undermines your ability to put pressure on overseas.
If you have a distributed system then some parts of that system will always be better than the other parts and you will have variation in output based upon local conditions.
The alternative is excessive centralisation where the benevolent dictator sets out the production values from on high and hands them down on tablets of stone.
Except that what you find is that the 'benevolent dictator' is a group of corporate and the tablets of stone have TTIP written on them.
Charity begins at home. Get your own house in order first before you start lecturing others.
In a short-sighted way they may be always a benefit. The problem is that such generalizations do not stand reality testing and cannot deal with the problem of unknown unknowns.
You probably don't need to look further than own human history where this double edged sword ideology of "imports are good, exports are bad" turned into a nightmarish scenario. My guess is that with the current path same will happen yet again, but the disgraced profession of 'economists' won't learn shit from it.
There are no law of economics, and if there are they must be asserted operationally and the hypothesis measured and tested against facts. If they cannot, is lucubration (like this), nothing else. I'm done with pseudo-science economics (most of it?).
Neal, If we cover our eyes, plug our ears and exclude everything important from our reality, and use a narrow contrived accounting defined Real instead then of course. But that is like labeling a toxic pesticide with a brand name, "All natural". It's just not true in any valuable sense to humanity, companies, or government. Yes, we understand the technicality of what is meant, and that is what we are critical of, it is a useless, harmful distinction that needs to be shown for its inadequacy.
Ryan,
Sorry. That makes no sense whatsoever.
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