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Usually they out-compete yours because they burn coal and you have to buy solar, they commute in packed trains while you drive tesla to work, they live in tiny
by coolspot 3y ago
Usually they out-compete yours because they burn coal and you have to buy solar, they commute in packed trains while you drive tesla to work, they live in tiny apartments, while your house has a backyard and frontyard.
- WalterBright 3y agoProtectionism is not a fix for comparative advantage. Regardless of the motives for protectionism, it will make your economy less competitive and less prosperous.
- Apocryphon 3y agoThe East Asian Tigers being a major counterexample: https://hir.harvard.edu/the-east-asian-miracle-where-did-adam-smith-go-wrong/ https://hir.harvard.edu/the-east-asian-miracle-where-did-ada... It's basically Ha-Joon Chang's whole deal- https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Free_Trade_and_the_Secret_History_of_Capitalism https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Fr... https://www.independent.co.uk/news/business/comment/hajoon-chang-protectionism-the-truth-is-on-a-10-bill-5334137.html https://www.independent.co.uk/news/business/comment/hajoon-c...
- WalterBright 3y agoEast Asia switched to free markets, which is where their prosperity came from.
- Apocryphon 3y agoCompletely unsubstantiated non-response. At least post a link, name a contrary authority, cite some evidence, do something.