I think bolstering free trade is a boon to the dollar.
Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade, and protectionism is growing in the United States. He deplores the perverse effects of minimum wage laws, and the legal minimum is regularly raised each 3 or 5 years. He brands usury laws as a medieval superstition, but no state hurries to repeal its law.
To hear the Japanese plead for free trade is like hearing the word love on the lips of a harlot.
It's very hard to find things that rhyme with North American Free Trade Agreement.
I want completing the single market to be our driving mission. I want us to be at the forefront of transformative trade deals with the US, Japan and India as part of the drive towards global free trade. And I want us to be pushing to exempt Europe's smallest entrepreneurial companies from more EU directives.
In a system of free trade and free markets poor countries - and poor people - are not poor because others are rich. Indeed, if others became less rich the poor would in all probability become still poorer.
I've always considered making it legal for Americans to import their prescription drugs a free-trade issue. Imports create competition and keep domestic industry more responsive to consumers.
The main concept is that of an international solidarity expressed in practice through worldwide division of labor: free trade is the principal point in the program of internationalism.
I'm a free market person, a free trader. But if we had a market in California, there would be competition.
I went out to testify in front of the Ways and Means Committee out in Congress on open free trade to China. Now, this would affect literally every Minnesotan in some way or another, if not all Americans in some way or another....The local media sent no one out to cover my testimony....Well, then a couple weeks later, I go out to do The Young and the Restless, the TV soap opera, and everybody sends crews. We had to move them into a room in three different sections or three shifts of them because there was so much media covering that.
I feel that all knowledge should be in the free-trade zone. Your knowledge, my knowledge, everybody's knowledge should be made use of. I think people who refuse to use other people's knowledge are making a big mistake. Those who refuse to share their knowledge with other people are making a great mistake, because we need it all. I don't have any problem about ideas I got from other people. If I find them useful, I'll just ease them right in and make them my own.
On issue after issue, the polls - and these are not snapshot polls; these are polls over a consistent period of time - show that most Americans share what one could call core liberal or progressive values: investment in health care and education over tax cuts; fair trade over free trade; corporate accountability over deregulation; environmental protection over laissez-faire policies; defending Social Security and Medicare over privatizing them; raising the minimum wage over eliminating it. The country prefers progressive alternatives to the failed policies of the conservative right.
The conservative goal has been the Third Worldization of the United States: an increasingly underemployed, lower-wage work-force; a small but growing moneyed class that pays almost no taxes; the privatization or elimination of human services; the elimination of public education for low-income people; the easing of restrictions against child labor; the exporting of industries and jobs to low-wage, free-trade countries; the breaking of labor unions; and the elimination of occupational safety and environmental controls and regulations.
When men have realized that time has upset many fighting faiths, they may come to believe... that the ultimate good desired is better reached by free trade in ideas-- that the best test of truth is the power of the thought to get itself accepted in the competition of the market, and that truth is the only ground upon which their wishes safely can be carried out. That at any rate is the theory of our Constitution. It is an experiment. As all life is an experiment. Every year if not every day we wager our salvation upon some prophecy based upon imperfect knowledge.
America is the primary engine of growth in the world and we are the only beacon of free trade left, and open markets.
In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
The free flow of people across borders is not to be confused with the free flow of goods across borders. Free trade is a positive-sum game. Contrary to illegal immigration, it is always invited, consensual and hence mutually beneficial to the parties involved.
Chinese mercantilism is not free trade, but it is far better than American militarism.
If Boeing got a big head start on the 707 from multibillion-dollar military contracts to develop an air force transport, is that a sin against free trade?
We must recognise that in an integrated world, trade cannot be divorced from other concerns. We need to promote free trade and serious global efforts with respect to common problems even as we support every nation's right to chart its own course.
I am convinced that both markets and free trade are good, but the traditional answer that we give to students to explain why they are good, the one based on perfect competition and Pareto optimality, is becoming untenable. Something much more interesting and more complicated is going on here
When it comes to acid rain or oil spills or depleted fisheries or tainted groundwater or fluorocarbon propellants or radiation leaks or sexually transmitted diseases, national frontiers are simple irrelevant. Toxins don't stop for customs inspections and microbes don't carry passports. North America became a water and free-trade zone long before NAFTA loosened up the market in goods.
You do not need to be in the single market we do not need that we are the word's fifth biggest economy. Most economies can agree free trade deals within two years the EU is taking 10 years or never at all, why?
The Occupy Wall Street collective is confused about what it wants but it wants it now! Some of the loonier demands from its independent thinkers: Striking all existing public and private debt from the books across the "entire planet"; elimination of all international borders; free college education; a guaranteed "living wage" for all regardless of employment; an end to free trade; trillions in additional spending for infrastructure and ecological restoration; and ending the fossil fuel economy.
No man with a genius for legislation has appeared in America. They are rare in the history of the world. There are orators, politicians, and eloquent men, by the thousand; but the speaker has not yet opened his mouth to speak who is capable of settling the much-vexed questions of the day. We love eloquence for its own sake, and not for any truth which it may utter, or any heroism it may inspire. Our legislators have not yet learned the comparative value of free trade and of freedom, of union, and of rectitude, to a nation.
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