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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject	2/17/2004 1:11:11 AM
From: BEEF JERKEY	of 110194

Interesting idea don't know if I agree or disagree but it does go to the heart of the problems with globalization: calpundit.com Liberal economists oddly uphold the sanctity of unregulated markets when trade is involved, but readily accept intervention in domestic markets. We can have a minimum wage in the U.S., but we can't preclude the import of goods produced under sub-human conditions. I'm not sure I agree, but then again I'm also not sure that I know enough about trade economics to have an informed opinion. In any case, his question seems at least valid: why is economic intervention OK domestically but not internationally?

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