Tuesday, September 20, 2016

FREE TRADE MEANS NOT HAVING
GOVERNMENT TELL YOU WHAT YOU CAN DO
SO HOW COME GOVERNMENT 'PROVIDES' FREE TRADE?
DO YOU SEE HOW FAR WE HAVE GONE INTO GEORGE ORWELL'S '1984' DYSTOPIA?
Spilling The Beans 
On "Free Trade" Agreements
Free Market economist Robert Wenzel points to Joseph Stiglitz' new book where Stiglitz writes: "I had served as economic advisor to President Clinton as chairman if it's Council of Economic Advisers in the 1990s. We worked on opening of borders for trade between the United States, Canada, Mexico soon NAFTA the North American Free Trade Agreement. We worked, too, on creating the World Trade Organization, launched in 1995, the beginning of an international rule of law governing trade. NAFTA, launched in 1994, was not as ambitious as European Union which allows free mobility of workers across borders. It was much less ambitious than the Eurozone--- none of the three countries shares a currency. But even this limited integration posts many problems.
Most importantly, it became clear the name 'Free Trade Agreement' was deceptive advertising;
it was really a managed Trade Agreement, managed especially for corporate interests particularly in the United States. It was then that I started to become sensitive to the consequences of the disparity between economic and political integration." .. Wenzel comments: "Solid free market economists have always made the point that these 'free trade' agreements are not really about free trade. They are crony backroom deals."
LINK HERE to the article

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